Motor & General Finance Balance Sheet Health
Financial Health criteria checks 6/6
Motor & General Finance has a total shareholder equity of ₹735.2M and total debt of ₹21.8M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ₹1.7B and ₹1.0B respectively. Motor & General Finance's EBIT is ₹11.3M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹3.0M.
Key information
3.0%
Debt to equity ratio
₹21.82m
Debt
Interest coverage ratio | 2.6x |
Cash | ₹3.02m |
Equity | ₹735.21m |
Total liabilities | ₹1.01b |
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 (₹615.9M).
Long Term Liabilities: MOTOGENFIN's short term assets (₹1.2B) exceed its long term liabilities (₹391.8M).
Debt to Equity History and Analysis
Debt Level: MOTOGENFIN's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: MOTOGENFIN's debt to equity ratio has reduced from 9.4% to 3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MOTOGENFIN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MOTOGENFIN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 41.2% per year.