India Motor Parts & Accessories Balance Sheet Health
Financial Health criteria checks 6/6
India Motor Parts & Accessories has a total shareholder equity of ₹17.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹19.3B and ₹1.9B respectively. India Motor Parts & Accessories's EBIT is ₹627.1M making its interest coverage ratio -3.5. It has cash and short-term investments of ₹587.8M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -3.5x |
Cash | ₹587.80m |
Equity | ₹17.37b |
Total liabilities | ₹1.94b |
Total assets | ₹19.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590065's short term assets (₹2.7B) exceed its short term liabilities (₹707.0M).
Long Term Liabilities: 590065's short term assets (₹2.7B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 590065 is debt free.
Reducing Debt: 590065 has no debt compared to 5 years ago when its debt to equity ratio was 1.5%.
Debt Coverage: 590065 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 590065 has no debt, therefore coverage of interest payments is not a concern.