Financial Analysis of Key Auto Companies (FY09-FY19)
OEMs-Ratio of Total Debt Divide By Tangible Networth (1)
May 14, 2020, 13:04 ISTThe shock to the industry due to the pandemic will now impact profitability and even sustainability of some companies, as this time there is limited to no government bail-out packages available unlike 2008. This will lead to more alliances and consolidation, as the industry repairs balance sheets and strives to deliver pre-Covid-level shareholder returns.
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