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

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Ashok Leyland Limited Ratios

IN:ASHOKLEY's free cash flow for Q4 2025 was ₹0.39. For the 2025 fiscal year, IN:ASHOKLEY's free cash flow was decreased by ₹ and operating cash flow was ₹0.19. See a summary of the company’s cash flow.
Ratios
TTM
Mar 25Mar 24Mar 23Mar 22
Liquidity Ratios
Current Ratio
1.29 1.09 1.08 1.00 0.98
Quick Ratio
1.14 0.94 0.93 0.86 0.83
Cash Ratio
0.27 0.20 0.09 0.11 0.09
Solvency Ratio
0.06 0.06 0.05 0.01 0.02
Operating Cash Flow Ratio
0.00 -0.23 -0.20 0.15 -0.07
Short-Term Operating Cash Flow Coverage
0.00 -0.47 -0.39 0.33 -0.13
Net Current Asset Value
₹ -316.36B₹ -267.19B₹ -196.86B₹ -164.60B₹ -170.18B
Leverage Ratios
Debt-to-Assets Ratio
0.61 0.60 0.57 0.55 0.57
Debt-to-Equity Ratio
4.08 4.53 3.64 3.31 3.06
Debt-to-Capital Ratio
0.80 0.82 0.78 0.77 0.75
Long-Term Debt-to-Capital Ratio
0.75 0.75 0.70 0.68 0.66
Financial Leverage Ratio
6.68 7.51 6.40 5.97 5.35
Debt Service Coverage Ratio
0.52 0.41 0.32 0.23 0.26
Interest Coverage Ratio
3.61 2.54 2.00 1.02 0.86
Debt to Market Cap
0.67 0.79 0.76 0.70 0.72
Interest Debt Per Share
179.55 149.15 113.27 88.62 88.49
Net Debt to EBITDA
4.41 4.44 5.60 8.75 8.46
Profitability Margins
Gross Profit Margin
36.31%35.65%30.54%32.26%37.53%
EBIT Margin
17.91%15.54%10.51%6.39%9.46%
EBITDA Margin
19.97%17.58%12.60%9.68%13.78%
Operating Profit Margin
21.43%16.64%10.11%7.27%8.40%
Pretax Profit Margin
9.48%9.00%5.47%-0.76%-0.35%
Net Profit Margin
6.41%5.45%2.99%-1.37%-0.85%
Continuous Operations Profit Margin
6.98%5.91%3.28%-1.09%-0.36%
Net Income Per EBT
67.59%60.48%54.60%179.67%246.32%
EBT Per EBIT
44.25%54.11%54.11%-10.51%-4.12%
Return on Assets (ROA)
3.80%3.67%2.26%-0.82%-0.39%
Return on Equity (ROE)
26.07%27.58%14.48%-4.91%-2.10%
Return on Capital Employed (ROCE)
18.83%18.51%12.99%7.60%6.29%
Return on Invested Capital (ROIC)
11.15%9.06%5.75%8.06%4.93%
Return on Tangible Assets
3.94%3.81%2.37%-0.87%-0.42%
Earnings Yield
4.17%4.84%3.03%-1.04%-0.50%
Efficiency Ratios
Receivables Turnover
14.27 11.56 3.16 2.55 1.99
Payables Turnover
3.85 4.32 3.80 2.44 2.26
Inventory Turnover
7.74 7.32 8.38 6.96 4.85
Fixed Asset Turnover
7.29 7.55 7.03 4.44 3.09
Asset Turnover
0.59 0.67 0.76 0.60 0.46
Working Capital Turnover Ratio
12.62 21.45 47.53 -145.69 184.65
Cash Conversion Cycle
-22.11 -3.12 62.98 46.19 97.16
Days of Sales Outstanding
25.58 31.58 115.43 143.37 183.11
Days of Inventory Outstanding
47.13 49.85 43.57 52.43 75.26
Days of Payables Outstanding
94.82 84.55 96.03 149.62 161.21
Operating Cycle
72.71 81.43 159.01 195.80 258.37
Cash Flow Ratios
Operating Cash Flow Per Share
0.00 -21.32 -15.33 9.69 -3.63
Free Cash Flow Per Share
0.00 -25.18 -18.49 7.96 -6.19
CapEx Per Share
0.00 3.86 3.16 1.73 2.56
Free Cash Flow to Operating Cash Flow
0.00 1.18 1.21 0.82 1.71
Dividend Paid and CapEx Coverage Ratio
0.00 -3.30 -3.68 4.15 -1.42
Capital Expenditure Coverage Ratio
0.00 -5.52 -4.84 5.59 -1.42
Operating Cash Flow Coverage Ratio
0.00 -0.15 -0.14 0.12 -0.04
Operating Cash Flow to Sales Ratio
0.00 -0.14 -0.11 0.11 -0.05
Free Cash Flow Yield
0.00%-14.42%-13.28%6.79%-5.45%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
23.96 20.64 32.99 -95.98 -201.65
Price-to-Sales (P/S) Ratio
1.53 1.12 0.99 1.32 1.72
Price-to-Book (P/B) Ratio
6.09 5.69 4.78 4.71 4.24
Price-to-Free Cash Flow (P/FCF) Ratio
0.00 -6.94 -7.53 14.74 -18.34
Price-to-Operating Cash Flow Ratio
0.00 -8.19 -9.08 12.10 -31.28
Price-to-Earnings Growth (PEG) Ratio
2.45 0.21 -0.07 -0.81 1.36
Price-to-Fair Value
6.09 5.69 4.78 4.71 4.24
Enterprise Value Multiple
12.08 10.84 13.42 22.36 20.94
Enterprise Value
1.17T 868.55B 701.19B 565.33B 559.14B
EV to EBITDA
12.08 10.84 13.42 22.36 20.94
EV to Sales
2.41 1.90 1.69 2.17 2.89
EV to Free Cash Flow
0.00 -11.75 -12.92 24.20 -30.78
EV to Operating Cash Flow
0.00 -13.88 -15.58 19.87 -52.50
Tangible Book Value Per Share
44.44 31.61 28.28 21.60 22.45
Shareholders’ Equity Per Share
41.56 30.67 29.14 24.88 26.78
Tax and Other Ratios
Effective Tax Rate
0.26 0.34 0.40 -0.43 -0.04
Revenue Per Share
164.70 155.35 141.32 88.95 66.01
Net Income Per Share
10.56 8.46 4.22 -1.22 -0.56
Tax Burden
0.68 0.60 0.55 1.80 2.46
Interest Burden
0.53 0.58 0.52 -0.12 -0.04
Research & Development to Revenue
0.00 <0.01 <0.01 <0.01 <0.01
SG&A to Revenue
0.00 <0.01 <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 -2.32 -3.30 -9.97 15.30
Currency in INR
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