Automobile Corporation of Goa Balance Sheet Health
Financial Health criteria checks 5/6
Automobile of Goa has a total shareholder equity of ₹2.0B and total debt of ₹436.1M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ₹3.2B and ₹1.2B respectively. Automobile of Goa's EBIT is ₹364.1M making its interest coverage ratio -5.1. It has cash and short-term investments of ₹289.8M.
Key information
21.5%
Debt to equity ratio
₹436.07m
Debt
Interest coverage ratio | -5.1x |
Cash | ₹289.81m |
Equity | ₹2.03b |
Total liabilities | ₹1.20b |
Total assets | ₹3.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505036's short term assets (₹2.6B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 505036's short term assets (₹2.6B) exceed its long term liabilities (₹133.3M).
Debt to Equity History and Analysis
Debt Level: 505036's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: 505036's debt to equity ratio has increased from 0.8% to 21.5% over the past 5 years.
Debt Coverage: 505036's debt is well covered by operating cash flow (21.3%).
Interest Coverage: 505036 earns more interest than it pays, so coverage of interest payments is not a concern.