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 ₹1,140.4B, which brings its debt-to-equity ratio to 111.2%. Its total assets and total liabilities are ₹3,396.3B and ₹2,370.8B respectively. Larsen & Toubro's EBIT is ₹239.7B making its interest coverage ratio 6.8. It has cash and short-term investments of ₹503.2B.
Key information
111.2%
Debt to equity ratio
₹1.14t
Debt
Interest coverage ratio | 6.8x |
Cash | ₹503.16b |
Equity | ₹1.03t |
Total liabilities | ₹2.37t |
Total assets | ₹3.40t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTOD's short term assets (₹2,180.8B) exceed its short term liabilities (₹1,766.0B).
Long Term Liabilities: LTOD's short term assets (₹2,180.8B) exceed its long term liabilities (₹604.8B).
Debt to Equity History and Analysis
Debt Level: LTOD's net debt to equity ratio (62.1%) is considered high.
Reducing Debt: LTOD's debt to equity ratio has reduced from 181.4% to 111.2% over the past 5 years.
Debt Coverage: LTOD's debt is not well covered by operating cash flow (16%).
Interest Coverage: LTOD's interest payments on its debt are well covered by EBIT (6.8x coverage).