Motor & General Finance Balance Sheet Health
Financial Health criteria checks 6/6
Motor & General Finance has a total shareholder equity of ₹750.0M and total debt of ₹12.7M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ₹1.7B and ₹994.1M respectively. Motor & General Finance's EBIT is ₹19.2M making its interest coverage ratio 4.8. It has cash and short-term investments of ₹3.1M.
Key information
1.7%
Debt to equity ratio
₹12.66m
Debt
| Interest coverage ratio | 4.8x |
| Cash | ₹3.14m |
| Equity | ₹750.00m |
| Total liabilities | ₹994.12m |
| Total assets | ₹1.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MOTOGENFIN's short term assets (₹1.2B) exceed its short term liabilities (₹600.1M).
Long Term Liabilities: MOTOGENFIN's short term assets (₹1.2B) exceed its long term liabilities (₹394.0M).
Debt to Equity History and Analysis
Debt Level: MOTOGENFIN's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: MOTOGENFIN's debt to equity ratio has reduced from 4.9% to 1.7% over the past 5 years.
Debt Coverage: MOTOGENFIN's debt is well covered by operating cash flow (75.8%).
Interest Coverage: MOTOGENFIN's interest payments on its debt are well covered by EBIT (4.8x coverage).