Competent Automobiles Balance Sheet Health
Financial Health criteria checks 2/6
Competent Automobiles has a total shareholder equity of ₹3.5B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 94.3%. Its total assets and total liabilities are ₹7.9B and ₹4.4B respectively. Competent Automobiles's EBIT is ₹575.2M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹107.7M.
Key information
94.3%
Debt to equity ratio
₹3.31b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹107.70m |
| Equity | ₹3.51b |
| Total liabilities | ₹4.39b |
| Total assets | ₹7.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531041's short term assets (₹4.3B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: 531041's short term assets (₹4.3B) exceed its long term liabilities (₹739.0M).
Debt to Equity History and Analysis
Debt Level: 531041's net debt to equity ratio (91.2%) is considered high.
Reducing Debt: 531041's debt to equity ratio has increased from 43.9% to 94.3% over the past 5 years.
Debt Coverage: 531041's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: 531041's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:39 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Competent Automobiles Company Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Angel Broking Private Limited |
| Anil Burra | FirstCall Research |