Larsen & Toubro Balance Sheet Health
Financial Health criteria checks 4/6
Larsen & Toubro has a total shareholder equity of ₹1,025.5B and total debt of ₹1,163.2B, which brings its debt-to-equity ratio to 113.4%. Its total assets and total liabilities are ₹3,396.3B and ₹2,370.8B respectively. Larsen & Toubro's EBIT is ₹242.6B making its interest coverage ratio 6.8. It has cash and short-term investments of ₹486.3B.
Key information
113.4%
Debt to equity ratio
₹1.16t
Debt
| Interest coverage ratio | 6.8x |
| Cash | ₹486.32b |
| Equity | ₹1.03t |
| Total liabilities | ₹2.37t |
| Total assets | ₹3.40t |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: LTO's short term assets (₹2,180.8B) exceed its short term liabilities (₹1,766.0B).
Long Term Liabilities: LTO's short term assets (₹2,180.8B) exceed its long term liabilities (₹604.8B).
Debt to Equity History and Analysis
Debt Level: LTO's net debt to equity ratio (66%) is considered high.
Reducing Debt: LTO's debt to equity ratio has reduced from 181.4% to 113.4% over the past 5 years.
Debt Coverage: LTO's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: LTO's interest payments on its debt are well covered by EBIT (6.8x coverage).