Force Motors Balance Sheet Health
Financial Health criteria checks 6/6
Force Motors has a total shareholder equity of ₹25.6B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ₹43.0B and ₹17.4B respectively. Force Motors's EBIT is ₹7.9B making its interest coverage ratio 24.3. It has cash and short-term investments of ₹2.7B.
Key information
8.9%
Debt to equity ratio
₹2.29b
Debt
| Interest coverage ratio | 24.3x |
| Cash | ₹2.75b |
| Equity | ₹25.62b |
| Total liabilities | ₹17.38b |
| Total assets | ₹43.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500033's short term assets (₹18.2B) exceed its short term liabilities (₹13.6B).
Long Term Liabilities: 500033's short term assets (₹18.2B) exceed its long term liabilities (₹3.8B).
Debt to Equity History and Analysis
Debt Level: 500033 has more cash than its total debt.
Reducing Debt: 500033's debt to equity ratio has reduced from 15% to 8.9% over the past 5 years.
Debt Coverage: 500033's debt is well covered by operating cash flow (446.3%).
Interest Coverage: 500033's interest payments on its debt are well covered by EBIT (24.3x coverage).