Schaeffler India Balance Sheet Health
Financial Health criteria checks 5/6
Schaeffler India has a total shareholder equity of ₹48.7B and total debt of ₹599.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹66.3B and ₹17.6B respectively. Schaeffler India's EBIT is ₹11.4B making its interest coverage ratio -11.9. It has cash and short-term investments of ₹11.2B.
Key information
1.2%
Debt to equity ratio
₹599.00m
Debt
| Interest coverage ratio | -11.9x |
| Cash | ₹11.16b |
| Equity | ₹48.66b |
| Total liabilities | ₹17.63b |
| Total assets | ₹66.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505790's short term assets (₹42.4B) exceed its short term liabilities (₹17.0B).
Long Term Liabilities: 505790's short term assets (₹42.4B) exceed its long term liabilities (₹642.4M).
Debt to Equity History and Analysis
Debt Level: 505790 has more cash than its total debt.
Reducing Debt: 505790's debt to equity ratio has increased from 0.4% to 1.2% over the past 5 years.
Debt Coverage: 505790's debt is well covered by operating cash flow (1398.3%).
Interest Coverage: 505790 earns more interest than it pays, so coverage of interest payments is not a concern.