ASK Automotive Balance Sheet Health
Financial Health criteria checks 4/6
ASK Automotive has a total shareholder equity of ₹9.2B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are ₹18.5B and ₹9.3B respectively. ASK Automotive's EBIT is ₹3.0B making its interest coverage ratio 9.6. It has cash and short-term investments of ₹29.5M.
Key information
41.6%
Debt to equity ratio
₹3.83b
Debt
| Interest coverage ratio | 9.6x |
| Cash | ₹29.50m |
| Equity | ₹9.21b |
| Total liabilities | ₹9.26b |
| Total assets | ₹18.46b |
Recent financial health updates
No updates
Recent updates
Shareholders Are Optimistic That ASK Automotive (NSE:ASKAUTOLTD) Will Multiply In Value
Dec 23
ASK Automotive Limited (NSE:ASKAUTOLTD) Just Reported And Analysts Have Been Lifting Their Price Targets
Nov 02Earnings Update: Here's Why Analysts Just Lifted Their ASK Automotive Limited (NSE:ASKAUTOLTD) Price Target To ₹464
Aug 01ASK Automotive Limited's (NSE:ASKAUTOLTD) 26% Jump Shows Its Popularity With Investors
Jul 02Financial Position Analysis
Short Term Liabilities: ASKAUTOLTD's short term assets (₹5.7B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: ASKAUTOLTD's short term assets (₹5.7B) exceed its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: ASKAUTOLTD's net debt to equity ratio (41.2%) 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 (105.8%).
Interest Coverage: ASKAUTOLTD's interest payments on its debt are well covered by EBIT (9.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:00 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ASK Automotive Limited is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Prasenjit Basu | ICICI Securities Ltd. |
| Basudeb Banerjee | ICICI Securities Ltd. |
| Vishakha Maliwal | ICICI Securities Ltd. |