CIE Automotive India Balance Sheet Health
Financial Health criteria checks 6/6
CIE Automotive India has a total shareholder equity of ₹59.9B and total debt of ₹8.0B, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are ₹97.6B and ₹37.7B respectively. CIE Automotive India's EBIT is ₹11.8B making its interest coverage ratio 11. It has cash and short-term investments of ₹10.2B.
Key information
13.4%
Debt to equity ratio
₹8.03b
Debt
| Interest coverage ratio | 11x |
| Cash | ₹10.20b |
| Equity | ₹59.88b |
| Total liabilities | ₹37.74b |
| Total assets | ₹97.62b |
Recent financial health updates
Does CIE Automotive India (NSE:CIEINDIA) Have A Healthy Balance Sheet?
Sep 22
Mahindra CIE Automotive (NSE:MAHINDCIE) Seems To Use Debt Rather Sparingly
May 21Is Mahindra CIE Automotive (NSE:MAHINDCIE) A Risky Investment?
Aug 15Does Mahindra CIE Automotive (NSE:MAHINDCIE) Have A Healthy Balance Sheet?
Apr 29These 4 Measures Indicate That Mahindra CIE Automotive (NSE:MAHINDCIE) Is Using Debt Reasonably Well
Nov 07Recent updates
CIE Automotive India (NSE:CIEINDIA) Might Have The Makings Of A Multi-Bagger
Apr 24CIE Automotive India's (NSE:CIEINDIA) Upcoming Dividend Will Be Larger Than Last Year's
Apr 07CIE Automotive India's (NSE:CIEINDIA) Upcoming Dividend Will Be Larger Than Last Year's
Mar 24Here's Why We Think CIE Automotive India (NSE:CIEINDIA) Might Deserve Your Attention Today
Feb 14There's No Escaping CIE Automotive India Limited's (NSE:CIEINDIA) Muted Earnings
Jan 02If EPS Growth Is Important To You, CIE Automotive India (NSE:CIEINDIA) Presents An Opportunity
Nov 09The Return Trends At CIE Automotive India (NSE:CIEINDIA) Look Promising
Oct 25Does CIE Automotive India (NSE:CIEINDIA) Have A Healthy Balance Sheet?
Sep 22CIE Automotive India (NSE:CIEINDIA) Is Doing The Right Things To Multiply Its Share Price
Jul 21Here's Why We Think CIE Automotive India (NSE:CIEINDIA) Might Deserve Your Attention Today
Jul 06Mahindra CIE Automotive (NSE:MAHINDCIE) Seems To Use Debt Rather Sparingly
May 21Mahindra CIE Automotive (NSE:MAHINDCIE) Has More To Do To Multiply In Value Going Forward
Mar 05Here's Why We Think Mahindra CIE Automotive (NSE:MAHINDCIE) Might Deserve Your Attention Today
Dec 16Growth Investors: Industry Analysts Just Upgraded Their Mahindra CIE Automotive Limited (NSE:MAHINDCIE) Revenue Forecasts By 17%
Oct 23Returns On Capital Are Showing Encouraging Signs At Mahindra CIE Automotive (NSE:MAHINDCIE)
Oct 04With EPS Growth And More, Mahindra CIE Automotive (NSE:MAHINDCIE) Makes An Interesting Case
Sep 09Is Mahindra CIE Automotive (NSE:MAHINDCIE) A Risky Investment?
Aug 15Mahindra CIE Automotive (NSE:MAHINDCIE) Might Have The Makings Of A Multi-Bagger
May 31A Look At The Intrinsic Value Of Mahindra CIE Automotive Limited (NSE:MAHINDCIE)
May 15Does Mahindra CIE Automotive (NSE:MAHINDCIE) Have A Healthy Balance Sheet?
Apr 29What Is Mahindra CIE Automotive Limited's (NSE:MAHINDCIE) Share Price Doing?
Mar 08Mahindra CIE Automotive's (NSE:MAHINDCIE) Returns On Capital Are Heading Higher
Jan 21These 4 Measures Indicate That Mahindra CIE Automotive (NSE:MAHINDCIE) Is Using Debt Reasonably Well
Nov 07Returns Are Gaining Momentum At Mahindra CIE Automotive (NSE:MAHINDCIE)
Oct 19Financial Position Analysis
Short Term Liabilities: CIEINDIA's short term assets (₹31.5B) exceed its short term liabilities (₹31.0B).
Long Term Liabilities: CIEINDIA's short term assets (₹31.5B) exceed its long term liabilities (₹6.7B).
Debt to Equity History and Analysis
Debt Level: CIEINDIA has more cash than its total debt.
Reducing Debt: CIEINDIA's debt to equity ratio has reduced from 37.6% to 13.4% over the past 5 years.
Debt Coverage: CIEINDIA's debt is well covered by operating cash flow (172.2%).
Interest Coverage: CIEINDIA's interest payments on its debt are well covered by EBIT (11x coverage).