CIE Automotive India Balance Sheet Health
Financial Health criteria checks 6/6
CIE Automotive India has a total shareholder equity of ₹62.0B and total debt of ₹4.8B, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are ₹96.8B and ₹34.9B respectively. CIE Automotive India's EBIT is ₹11.0B making its interest coverage ratio 23.6. It has cash and short-term investments of ₹6.6B.
Key information
7.8%
Debt to equity ratio
₹4.81b
Debt
| Interest coverage ratio | 23.6x |
| Cash | ₹6.56b |
| Equity | ₹61.96b |
| Total liabilities | ₹34.87b |
| Total assets | ₹96.83b |
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 29Recent updates
CIE Automotive India Limited Just Missed Revenue By 6.0%: Here's What Analysts Think Will Happen Next
Oct 27CIE Automotive India Limited's (NSE:CIEINDIA) Price Is Right But Growth Is Lacking
Oct 18CIE Automotive India (NSE:CIEINDIA) Is Experiencing Growth In Returns On Capital
Sep 27CIE Automotive India Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jul 23Should You Be Adding CIE Automotive India (NSE:CIEINDIA) To Your Watchlist Today?
Jul 16There Is A Reason CIE Automotive India Limited's (NSE:CIEINDIA) Price Is Undemanding
Jun 08CIE Automotive India's (NSE:CIEINDIA) Dividend Will Be Increased To ₹5.00
Apr 26CIE 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 08Financial Position Analysis
Short Term Liabilities: CIEINDIA's short term assets (₹33.8B) exceed its short term liabilities (₹29.0B).
Long Term Liabilities: CIEINDIA's short term assets (₹33.8B) exceed its long term liabilities (₹5.9B).
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 34.2% to 7.8% over the past 5 years.
Debt Coverage: CIEINDIA's debt is well covered by operating cash flow (34.4%).
Interest Coverage: CIEINDIA's interest payments on its debt are well covered by EBIT (23.6x coverage).