Force Motors Balance Sheet Health
Financial Health criteria checks 5/6
Force Motors has a total shareholder equity of ₹22.6B and total debt of ₹5.2B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are ₹44.1B and ₹21.6B respectively. Force Motors's EBIT is ₹7.5B making its interest coverage ratio 14. It has cash and short-term investments of ₹4.5B.
Key information
23.2%
Debt to equity ratio
₹5.25b
Debt
| Interest coverage ratio | 14x |
| Cash | ₹4.49b |
| Equity | ₹22.57b |
| Total liabilities | ₹21.57b |
| Total assets | ₹44.15b |
Recent financial health updates
We Think Force Motors (NSE:FORCEMOT) Can Manage Its Debt With Ease
Sep 28
We Think Force Motors (NSE:FORCEMOT) Can Stay On Top Of Its Debt
Jun 28Does Force Motors (NSE:FORCEMOT) Have A Healthy Balance Sheet?
Feb 14Does Force Motors (NSE:FORCEMOT) Have A Healthy Balance Sheet?
Aug 21Force Motors (NSE:FORCEMOT) Is Carrying A Fair Bit Of Debt
Jan 28Here's Why Force Motors (NSE:FORCEMOT) Can Afford Some Debt
Aug 23Recent updates
We Think Force Motors (NSE:FORCEMOT) Can Manage Its Debt With Ease
Sep 28Force Motors Limited's (NSE:FORCEMOT) Prospects Need A Boost To Lift Shares
Sep 07Returns on Capital Paint A Bright Future For Force Motors (NSE:FORCEMOT)
Jul 02Further Upside For Force Motors Limited (NSE:FORCEMOT) Shares Could Introduce Price Risks After 48% Bounce
Mar 16We Like These Underlying Return On Capital Trends At Force Motors (NSE:FORCEMOT)
Oct 26We Think Force Motors (NSE:FORCEMOT) Can Stay On Top Of Its Debt
Jun 28There Are Reasons To Feel Uneasy About Force Motors' (NSE:FORCEMOT) Returns On Capital
May 31Does Force Motors (NSE:FORCEMOT) Have A Healthy Balance Sheet?
Feb 14This Is Why We Think Force Motors Limited's (NSE:FORCEMOT) CEO Might Get A Pay Rise Approved By Shareholders
Sep 22Force Motors (NSE:FORCEMOT) Is Increasing Its Dividend To ₹10.00
Sep 12Force Motors (NSE:FORCEMOT) Will Pay A Larger Dividend Than Last Year At ₹10.00
Aug 29Does Force Motors (NSE:FORCEMOT) Have A Healthy Balance Sheet?
Aug 21Force Motors' (NSE:FORCEMOT) Dividend Is Being Reduced To ₹5.00
Sep 06Can You Imagine How Force Motors' (NSE:FORCEMOT) Shareholders Feel About The 12% Share Price Increase?
Feb 24Force Motors (NSE:FORCEMOT) Is Carrying A Fair Bit Of Debt
Jan 28Does Force Motors Limited (NSE:FORCEMOT) Have A Place In Your Dividend Stock Portfolio?
Dec 24
How Much Of Force Motors Limited (NSE:FORCEMOT) Do Institutions Own?
Nov 28Reflecting on Force Motors' (NSE:FORCEMOT) Share Price Returns Over The Last Year
Nov 02Should You Buy Force Motors Limited (NSE:FORCEMOT) For Its 0.9% Dividend?
Sep 22Here's Why Force Motors (NSE:FORCEMOT) Can Afford Some Debt
Aug 23Force Motors Limited's (NSE:FORCEMOT) Share Price Not Quite Adding Up
Jul 19Force Motors Limited (NSE:FORCEMOT) Might Not Be A Great Investment
Jun 22Financial Position Analysis
Short Term Liabilities: FORCEMOT's short term assets (₹20.5B) exceed its short term liabilities (₹16.4B).
Long Term Liabilities: FORCEMOT's short term assets (₹20.5B) exceed its long term liabilities (₹5.2B).
Debt to Equity History and Analysis
Debt Level: FORCEMOT's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: FORCEMOT's debt to equity ratio has increased from 13.3% to 23.2% over the past 5 years.
Debt Coverage: FORCEMOT's debt is well covered by operating cash flow (193.4%).
Interest Coverage: FORCEMOT's interest payments on its debt are well covered by EBIT (14x coverage).