G N A Axles Balance Sheet Health
Financial Health criteria checks 6/6
G N A Axles has a total shareholder equity of ₹8.5B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are ₹13.7B and ₹5.2B respectively. G N A Axles's EBIT is ₹1.4B making its interest coverage ratio 18.6. It has cash and short-term investments of ₹398.5M.
Key information
29.8%
Debt to equity ratio
₹2.53b
Debt
| Interest coverage ratio | 18.6x |
| Cash | ₹398.49m |
| Equity | ₹8.49b |
| Total liabilities | ₹5.21b |
| Total assets | ₹13.70b |
Recent financial health updates
Is G N A Axles (NSE:GNA) A Risky Investment?
Jul 05
Here's Why G N A Axles (NSE:GNA) Can Manage Its Debt Responsibly
Jul 07We Think G N A Axles (NSE:GNA) Can Stay On Top Of Its Debt
Aug 09Here's Why G N A Axles (NSE:GNA) Can Manage Its Debt Responsibly
May 19Here's Why G N A Axles (NSE:GNA) Has A Meaningful Debt Burden
Dec 24Is G N A Axles (NSE:GNA) Using Too Much Debt?
Aug 10
Recent updates
Most Shareholders Will Probably Find That The CEO Compensation For G N A Axles Limited (NSE:GNA) Is Reasonable
Sep 13G N A Axles' (NSE:GNA) Dividend Will Be Reduced To ₹2.00
Aug 29G N A Axles' (NSE:GNA) Dividend Will Be Reduced To ₹2.00
Jul 22Is G N A Axles (NSE:GNA) A Risky Investment?
Jul 05We Think Shareholders Will Probably Be Generous With G N A Axles Limited's (NSE:GNA) CEO Compensation
Sep 23Shareholders Are Optimistic That G N A Axles (NSE:GNA) Will Multiply In Value
Sep 21Here's Why G N A Axles (NSE:GNA) Can Manage Its Debt Responsibly
Jul 07G N A Axles (NSE:GNA) Is Reinvesting To Multiply In Value
Feb 03We Think G N A Axles (NSE:GNA) Can Stay On Top Of Its Debt
Aug 09Does G N A Axles (NSE:GNA) Deserve A Spot On Your Watchlist?
Feb 25G N A Axles (NSE:GNA) Is Reinvesting To Multiply In Value
Jan 10Does G N A Axles (NSE:GNA) Deserve A Spot On Your Watchlist?
Nov 04G N A Axles (NSE:GNA) Knows How To Allocate Capital
Aug 30If You Like EPS Growth Then Check Out G N A Axles (NSE:GNA) Before It's Too Late
Aug 02Here's Why G N A Axles (NSE:GNA) Can Manage Its Debt Responsibly
May 19The Returns On Capital At G N A Axles (NSE:GNA) Don't Inspire Confidence
Apr 03Is G N A Axles Limited's (NSE:GNA) Latest Stock Performance A Reflection Of Its Financial Health?
Mar 13A Look At The Fair Value Of G N A Axles Limited (NSE:GNA)
Feb 28How Much Did G N A Axles' (NSE:GNA) CEO Pocket Last Year?
Feb 16Have Insiders Been Buying G N A Axles Limited (NSE:GNA) Shares?
Feb 04Is G N A Axles Limited (NSE:GNA) Popular Amongst Insiders?
Jan 23G N A Axles' (NSE:GNA) Shareholders Are Down 25% On Their Shares
Jan 11Here's Why G N A Axles (NSE:GNA) Has A Meaningful Debt Burden
Dec 24Returns On Capital At G N A Axles (NSE:GNA) Paint An Interesting Picture
Dec 07Do Its Financials Have Any Role To Play In Driving G N A Axles Limited's (NSE:GNA) Stock Up Recently?
Nov 19How Much Are G N A Axles Limited (NSE:GNA) Insiders Spending On Buying Shares?
Nov 02Should You Use G N A Axles's (NSE:GNA) Statutory Earnings To Analyse It?
Oct 15G N A Axles'(NSE:GNA) Share Price Is Down 31% Over The Past Three Years.
Sep 27The Trends At G N A Axles (NSE:GNA) That You Should Know About
Sep 06Is G N A Axles (NSE:GNA) Using Too Much Debt?
Aug 10Financial Position Analysis
Short Term Liabilities: GNA's short term assets (₹9.4B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: GNA's short term assets (₹9.4B) exceed its long term liabilities (₹611.0M).
Debt to Equity History and Analysis
Debt Level: GNA's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: GNA's debt to equity ratio has reduced from 51.5% to 29.8% over the past 5 years.
Debt Coverage: GNA's debt is well covered by operating cash flow (32.3%).
Interest Coverage: GNA's interest payments on its debt are well covered by EBIT (18.6x coverage).