Motor & General Finance Balance Sheet Health
Financial Health criteria checks 6/6
Motor & General Finance has a total shareholder equity of ₹756.2M and total debt of ₹11.5M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ₹1.7B and ₹991.2M respectively. Motor & General Finance's EBIT is ₹10.7M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹2.1M.
Key information
1.5%
Debt to equity ratio
₹11.46m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹2.14m |
| Equity | ₹756.20m |
| Total liabilities | ₹991.25m |
| Total assets | ₹1.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MOTOGENFIN's short term assets (₹1.2B) exceed its short term liabilities (₹597.6M).
Long Term Liabilities: MOTOGENFIN's short term assets (₹1.2B) exceed its long term liabilities (₹393.6M).
Debt to Equity History and Analysis
Debt Level: MOTOGENFIN's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: MOTOGENFIN's debt to equity ratio has reduced from 5.1% to 1.5% over the past 5 years.
Debt Coverage: MOTOGENFIN's debt is well covered by operating cash flow (90%).
Interest Coverage: MOTOGENFIN's interest payments on its debt are well covered by EBIT (3.1x coverage).