Popular Vehicles and Services Balance Sheet Health
Financial Health criteria checks 4/6
Popular Vehicles and Services has a total shareholder equity of ₹6.6B and total debt of ₹5.1B, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are ₹20.7B and ₹14.1B respectively. Popular Vehicles and Services's EBIT is ₹1.3B making its interest coverage ratio 1.5. It has cash and short-term investments of ₹566.2M.
Key information
76.6%
Debt to equity ratio
₹5.07b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹566.18m |
| Equity | ₹6.62b |
| Total liabilities | ₹14.05b |
| Total assets | ₹20.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544144's short term assets (₹11.9B) exceed its short term liabilities (₹9.1B).
Long Term Liabilities: 544144's short term assets (₹11.9B) exceed its long term liabilities (₹4.9B).
Debt to Equity History and Analysis
Debt Level: 544144's net debt to equity ratio (68%) is considered high.
Reducing Debt: 544144's debt to equity ratio has reduced from 221% to 76.6% over the past 5 years.
Debt Coverage: 544144's debt is well covered by operating cash flow (46.5%).
Interest Coverage: 544144's interest payments on its debt are not well covered by EBIT (1.5x coverage).