Omax Autos Balance Sheet Health
Financial Health criteria checks 5/6
Omax Autos has a total shareholder equity of ₹3.1B and total debt of ₹986.6M, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are ₹5.2B and ₹2.1B respectively. Omax Autos's EBIT is ₹271.1M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹1.1B.
Key information
31.7%
Debt to equity ratio
₹986.63m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹1.12b |
| Equity | ₹3.11b |
| Total liabilities | ₹2.06b |
| Total assets | ₹5.18b |
Recent financial health updates
Omax Autos (NSE:OMAXAUTO) Seems To Use Debt Quite Sensibly
Jun 15
Is Omax Autos (NSE:OMAXAUTO) A Risky Investment?
Aug 02Health 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
Investors Continue Waiting On Sidelines For Omax Autos Limited (NSE:OMAXAUTO)
Dec 11Investors Shouldn't Be Too Comfortable With Omax Autos' (NSE:OMAXAUTO) Earnings
Nov 09Returns On Capital At Omax Autos (NSE:OMAXAUTO) Paint A Concerning Picture
Oct 24Shareholders May Not Be So Generous With Omax Autos Limited's (NSE:OMAXAUTO) CEO Compensation And Here's Why
Aug 23Omax Autos (NSE:OMAXAUTO) Seems To Use Debt Quite Sensibly
Jun 15Further Upside For Omax Autos Limited (NSE:OMAXAUTO) Shares Could Introduce Price Risks After 26% Bounce
May 01Omax Autos (NSE:OMAXAUTO) Might Be Having Difficulty Using Its Capital Effectively
Apr 30The 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 (₹1.6B) exceed its short term liabilities (₹904.7M).
Long Term Liabilities: OMAXAUTO's short term assets (₹1.6B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: OMAXAUTO has more cash than its total debt.
Reducing Debt: OMAXAUTO's debt to equity ratio has reduced from 56.9% to 31.7% over the past 5 years.
Debt Coverage: OMAXAUTO's debt is well covered by operating cash flow (28.5%).
Interest Coverage: OMAXAUTO's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 06:07 |
| End of Day Share Price | 2025/01/03 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Omax Autos Limited is covered by 1 analysts. 0 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 |
|---|---|
| null null | Batlivala & Karani Securities India Pvt. Ltd. |