Popular Vehicles and Services Balance Sheet Health
Financial Health criteria checks 3/6
Popular Vehicles and Services has a total shareholder equity of ₹6.5B and total debt of ₹4.4B, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are ₹19.6B and ₹13.0B respectively. Popular Vehicles and Services's EBIT is ₹1.6B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹776.2M.
Key information
68.1%
Debt to equity ratio
₹4.45b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹776.19m |
Equity | ₹6.53b |
Total liabilities | ₹13.03b |
Total assets | ₹19.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544144's short term assets (₹11.0B) exceed its short term liabilities (₹8.1B).
Long Term Liabilities: 544144's short term assets (₹11.0B) exceed its long term liabilities (₹4.9B).
Debt to Equity History and Analysis
Debt Level: 544144's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: 544144's debt to equity ratio has reduced from 282.2% to 68.1% over the past 5 years.
Debt Coverage: 544144's debt is not well covered by operating cash flow (18%).
Interest Coverage: 544144's interest payments on its debt are not well covered by EBIT (1.7x coverage).