Omax Autos Balance Sheet Health
Financial Health criteria checks 4/6
Omax Autos has a total shareholder equity of ₹2.8B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are ₹4.6B and ₹1.8B respectively. Omax Autos's EBIT is ₹198.0M making its interest coverage ratio 1. It has cash and short-term investments of ₹266.9M.
Key information
37.6%
Debt to equity ratio
₹1.06b
Debt
| Interest coverage ratio | 1x |
| Cash | ₹266.90m |
| Equity | ₹2.81b |
| Total liabilities | ₹1.78b |
| Total assets | ₹4.60b |
Recent financial health updates
Is Omax Autos (NSE:OMAXAUTO) A Risky Investment?
Aug 02
Health Check: How Prudently Does Omax Autos (NSE:OMAXAUTO) Use Debt?
Jan 08Is Omax Autos (NSE:OMAXAUTO) Using Debt Sensibly?
Sep 03Is Omax Autos (NSE:OMAXAUTO) A Risky Investment?
Jun 28Recent updates
The Market Lifts Omax Autos Limited (NSE:OMAXAUTO) Shares 36% But It Can Do More
Feb 28Returns On Capital At Omax Autos (NSE:OMAXAUTO) Paint A Concerning Picture
Jan 25Is Omax Autos (NSE:OMAXAUTO) A Risky Investment?
Aug 02Omax Autos' (NSE:OMAXAUTO) Returns On Capital Not Reflecting Well On The Business
May 11Health Check: How Prudently Does Omax Autos (NSE:OMAXAUTO) Use Debt?
Jan 08Shareholders May Be More Conservative With Omax Autos Limited's (NSE:OMAXAUTO) CEO Compensation For Now
Sep 24Is Omax Autos (NSE:OMAXAUTO) Using Debt Sensibly?
Sep 03Shareholders May Be Wary Of Increasing Omax Autos Limited's (NSE:OMAXAUTO) CEO Compensation Package
Dec 21Is Omax Autos (NSE:OMAXAUTO) A Risky Investment?
Jun 28Who Has Been Selling Omax Autos Limited (NSE:OMAXAUTO) Shares?
Dec 07Have Omax Autos Limited (NSE:OMAXAUTO) Insiders Been Selling Their Stock?
Aug 22We're Not So Sure You Should Rely on Omax Autos's (NSE:OMAXAUTO) Statutory Earnings
Aug 19
Here’s What’s Happening With Returns At Omax Autos (NSE:OMAXAUTO)
Jul 01Financial Position Analysis
Short Term Liabilities: OMAXAUTO's short term assets (₹919.9M) do not cover its short term liabilities (₹949.4M).
Long Term Liabilities: OMAXAUTO's short term assets (₹919.9M) exceed its long term liabilities (₹834.5M).
Debt to Equity History and Analysis
Debt Level: OMAXAUTO's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: OMAXAUTO's debt to equity ratio has reduced from 52.1% to 37.6% over the past 5 years.
Debt Coverage: OMAXAUTO's debt is well covered by operating cash flow (38.7%).
Interest Coverage: OMAXAUTO's interest payments on its debt are not well covered by EBIT (1x coverage).