Austin Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Austin Engineering has a total shareholder equity of ₹633.8M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹974.5M and ₹340.8M respectively. Austin Engineering's EBIT is ₹35.7M making its interest coverage ratio 82.2. It has cash and short-term investments of ₹251.5M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 82.2x |
| Cash | ₹251.47m |
| Equity | ₹633.77m |
| Total liabilities | ₹340.77m |
| Total assets | ₹974.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522005's short term assets (₹810.6M) exceed its short term liabilities (₹249.6M).
Long Term Liabilities: 522005's short term assets (₹810.6M) exceed its long term liabilities (₹91.1M).
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 17.9%.
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.