ASK Automotive Balance Sheet Health
Financial Health criteria checks 4/6
ASK Automotive has a total shareholder equity of ₹7.2B and total debt of ₹4.4B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are ₹15.9B and ₹8.7B respectively. ASK Automotive's EBIT is ₹2.0B making its interest coverage ratio 9.2. It has cash and short-term investments of ₹53.0M.
Key information
60.9%
Debt to equity ratio
₹4.38b
Debt
Interest coverage ratio | 9.2x |
Cash | ₹53.00m |
Equity | ₹7.20b |
Total liabilities | ₹8.67b |
Total assets | ₹15.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASKAUTOLTD's short term assets (₹5.6B) exceed its short term liabilities (₹5.3B).
Long Term Liabilities: ASKAUTOLTD's short term assets (₹5.6B) exceed its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: ASKAUTOLTD's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: Insufficient data to determine if ASKAUTOLTD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ASKAUTOLTD's debt is well covered by operating cash flow (22.5%).
Interest Coverage: ASKAUTOLTD's interest payments on its debt are well covered by EBIT (9.2x coverage).