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Ashok Leyland Limited (IN:ASHOKLEY)
:ASHOKLEY
India Market

Ashok Leyland Limited (ASHOKLEY) Ratios

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Ashok Leyland Limited Ratios

IN:ASHOKLEY's free cash flow for Q1 2026 was ₹0.42. For the 2026 fiscal year, IN:ASHOKLEY's free cash flow was decreased by ₹ and operating cash flow was ₹0.17. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
1.35 1.29 1.09 1.09 1.08
Quick Ratio
1.17 1.14 0.94 0.94 0.93
Cash Ratio
0.18 0.25 0.20 0.20 0.09
Solvency Ratio
0.06 0.06 0.06 0.06 0.05
Operating Cash Flow Ratio
0.00 <0.01 -0.23 -0.23 -0.20
Short-Term Operating Cash Flow Coverage
0.00 <0.01 -0.47 -0.47 -0.39
Net Current Asset Value
₹ -343.55B₹ -316.36B₹ -267.19B₹ -267.19B₹ -196.86B
Leverage Ratios
Debt-to-Assets Ratio
0.64 0.61 0.60 0.60 0.57
Debt-to-Equity Ratio
4.33 4.08 4.53 4.53 3.64
Debt-to-Capital Ratio
0.81 0.80 0.82 0.82 0.78
Long-Term Debt-to-Capital Ratio
0.76 0.75 0.75 0.75 0.70
Financial Leverage Ratio
6.78 6.68 7.51 7.51 6.40
Debt Service Coverage Ratio
0.49 0.48 0.41 0.41 0.32
Interest Coverage Ratio
2.66 2.08 2.54 2.54 2.00
Debt to Market Cap
0.48 0.81 0.79 0.79 0.76
Interest Debt Per Share
100.43 91.59 74.57 149.15 113.27
Net Debt to EBITDA
4.83 4.58 4.44 4.44 5.60
Profitability Margins
Gross Profit Margin
40.05%38.85%35.65%35.65%30.54%
EBIT Margin
18.21%17.31%15.54%15.54%10.51%
EBITDA Margin
20.30%19.55%17.58%17.58%12.60%
Operating Profit Margin
22.69%16.88%16.64%16.64%10.11%
Pretax Profit Margin
9.38%9.47%9.00%9.00%5.47%
Net Profit Margin
6.41%6.40%5.45%5.45%2.99%
Continuous Operations Profit Margin
6.97%6.97%5.91%5.91%3.28%
Net Income Per EBT
68.35%67.59%60.48%60.48%54.60%
EBT Per EBIT
41.36%56.10%54.11%54.11%54.11%
Return on Assets (ROA)
3.82%3.80%3.67%3.67%2.26%
Return on Equity (ROE)
24.15%25.40%27.58%27.58%14.48%
Return on Capital Employed (ROCE)
19.26%14.85%18.51%18.51%12.99%
Return on Invested Capital (ROIC)
11.56%8.80%9.06%9.06%5.75%
Return on Tangible Assets
3.95%3.94%3.81%3.81%2.37%
Earnings Yield
2.94%5.05%4.84%4.84%3.03%
Efficiency Ratios
Receivables Turnover
2.75 2.80 11.56 11.56 3.16
Payables Turnover
4.52 3.70 4.32 4.32 3.80
Inventory Turnover
6.61 7.45 7.32 7.32 8.38
Fixed Asset Turnover
6.59 7.30 7.55 7.55 7.03
Asset Turnover
0.60 0.59 0.67 0.67 0.76
Working Capital Turnover Ratio
11.45 9.57 21.45 21.45 47.53
Cash Conversion Cycle
107.27 80.67 -3.12 -3.12 62.98
Days of Sales Outstanding
132.86 130.28 31.58 31.58 115.43
Days of Inventory Outstanding
55.24 49.02 49.85 49.85 43.57
Days of Payables Outstanding
80.83 98.62 84.55 84.55 96.03
Operating Cycle
188.10 179.30 81.43 81.43 159.01
Cash Flow Ratios
Operating Cash Flow Per Share
0.00 0.22 -10.66 -21.32 -15.33
Free Cash Flow Per Share
0.00 -2.58 -12.59 -25.18 -18.49
CapEx Per Share
0.00 2.80 1.93 3.86 3.16
Free Cash Flow to Operating Cash Flow
0.00 -11.83 1.18 1.18 1.21
Dividend Paid and CapEx Coverage Ratio
0.00 0.03 -3.30 -3.30 -3.68
Capital Expenditure Coverage Ratio
0.00 0.08 -5.52 -5.52 -4.84
Operating Cash Flow Coverage Ratio
0.00 <0.01 -0.15 -0.15 -0.14
Operating Cash Flow to Sales Ratio
0.00 <0.01 -0.14 -0.14 -0.11
Free Cash Flow Yield
0.00%-2.47%-14.42%-14.42%-13.28%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
34.95 19.80 20.65 20.64 32.99
Price-to-Sales (P/S) Ratio
2.25 1.27 1.12 1.12 0.99
Price-to-Book (P/B) Ratio
9.05 5.03 5.69 5.69 4.78
Price-to-Free Cash Flow (P/FCF) Ratio
0.00 -40.48 -6.94 -6.94 -7.53
Price-to-Operating Cash Flow Ratio
0.00 478.76 -8.19 -8.19 -9.08
Price-to-Earnings Growth (PEG) Ratio
21.20 0.79 0.21 0.21 -0.07
Price-to-Fair Value
9.05 5.03 5.69 5.69 4.78
Enterprise Value Multiple
15.90 11.06 10.84 10.84 13.42
Enterprise Value
1.61T 1.05T 868.58B 868.55B 701.19B
EV to EBITDA
15.60 11.06 10.84 10.84 13.42
EV to Sales
3.17 2.16 1.90 1.90 1.69
EV to Free Cash Flow
0.00 -69.05 -11.75 -11.75 -12.92
EV to Operating Cash Flow
0.00 816.72 -13.88 -13.88 -15.58
Tangible Book Value Per Share
23.55 22.23 15.81 31.61 28.28
Shareholders’ Equity Per Share
21.48 20.79 15.34 30.67 29.14
Tax and Other Ratios
Effective Tax Rate
0.26 0.26 0.34 0.34 0.40
Revenue Per Share
86.74 82.49 77.67 155.35 141.32
Net Income Per Share
5.56 5.28 4.23 8.46 4.22
Tax Burden
0.68 0.68 0.60 0.60 0.55
Interest Burden
0.52 0.55 0.58 0.58 0.52
Research & Development to Revenue
0.01 0.00 <0.01 <0.01 <0.01
SG&A to Revenue
0.00 0.02 <0.01 <0.01 <0.01
Stock-Based Compensation to Revenue
0.00 <0.01 <0.01 <0.01 <0.01
Income Quality
0.00 0.04 -2.32 -2.32 -3.30
Currency in INR