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Tata Motors's total assets reached INR 3,221 bil at the end of 1Q2020, up 4.86% compared to the previous year.
Current assets amounted to INR 1,196 bil, or 37.1% of total assets while cash stood at INR 446 bil at the end of 1Q2020.
By contrast, total debt reached INR 1,276 bil at the year-end, or 39.6% of total assets, while the firm's equity amounted to INR 639 bil. As a result, net debt stood at INR 830 bil at the end of 1Q2020 and accounted for 130% of equity.
Net debt against equity is up 74.3 pp from five years ago (55.5%). The ratio against EBITDA increased from 0.803x seen in 1Q2015 to 4.21x.
The company’s cost of funding amounted to 5.01% in 1Q2020, down 0.072 pp compared to the average over the last 5 years.
You can see all the company’s data at Tata Motors profile, or you can download a report on the company in the report section.
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