Austin Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Austin Engineering has a total shareholder equity of ₹588.4M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.0B and ₹438.6M respectively. Austin Engineering's EBIT is ₹15.8M making its interest coverage ratio 16.4. It has cash and short-term investments of ₹126.0M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 16.4x |
Cash | ₹125.99m |
Equity | ₹588.38m |
Total liabilities | ₹438.63m |
Total assets | ₹1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522005's short term assets (₹876.2M) exceed its short term liabilities (₹416.8M).
Long Term Liabilities: 522005's short term assets (₹876.2M) exceed its long term liabilities (₹21.9M).
Debt to Equity History and Analysis
Debt Level: 522005 is debt free.
Reducing Debt: 522005 has no debt compared to 5 years ago when its debt to equity ratio was 13.2%.
Debt Coverage: 522005 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 522005 has no debt, therefore coverage of interest payments is not a concern.