Amara Raja Energy & Mobility Balance Sheet Health
Financial Health criteria checks 5/6
Amara Raja Energy & Mobility has a total shareholder equity of ₹56.6B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ₹78.6B and ₹22.0B respectively. Amara Raja Energy & Mobility's EBIT is ₹10.8B making its interest coverage ratio -620.5. It has cash and short-term investments of ₹5.8B.
Key information
1.9%
Debt to equity ratio
₹1.08b
Debt
Interest coverage ratio | -620.5x |
Cash | ₹5.75b |
Equity | ₹56.60b |
Total liabilities | ₹22.04b |
Total assets | ₹78.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500008's short term assets (₹39.8B) exceed its short term liabilities (₹18.2B).
Long Term Liabilities: 500008's short term assets (₹39.8B) exceed its long term liabilities (₹3.8B).
Debt to Equity History and Analysis
Debt Level: 500008 has more cash than its total debt.
Reducing Debt: 500008's debt to equity ratio has increased from 1.9% to 1.9% over the past 5 years.
Debt Coverage: 500008's debt is well covered by operating cash flow (844%).
Interest Coverage: 500008 earns more interest than it pays, so coverage of interest payments is not a concern.