Lumax Industries Balance Sheet Health
Financial Health criteria checks 1/6
Lumax Industries has a total shareholder equity of ₹7.0B and total debt of ₹8.0B, which brings its debt-to-equity ratio to 114.3%. Its total assets and total liabilities are ₹29.4B and ₹22.5B respectively. Lumax Industries's EBIT is ₹1.4B making its interest coverage ratio 2.3. It has cash and short-term investments of ₹501.1M.
Key information
114.3%
Debt to equity ratio
₹7.96b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹501.15m |
| Equity | ₹6.96b |
| Total liabilities | ₹22.48b |
| Total assets | ₹29.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517206's short term assets (₹14.1B) do not cover its short term liabilities (₹17.9B).
Long Term Liabilities: 517206's short term assets (₹14.1B) exceed its long term liabilities (₹4.6B).
Debt to Equity History and Analysis
Debt Level: 517206's net debt to equity ratio (107.1%) is considered high.
Reducing Debt: 517206's debt to equity ratio has increased from 50.8% to 114.3% over the past 5 years.
Debt Coverage: 517206's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 517206's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 20:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lumax Industries Limited is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dhruv Mudaraddi | BP Wealth Management Private Limited |
| Jathin Kaithavalappil | Choice Equity Broking Private Limited |
| Kripashankar Maurya | Choice Equity Broking Private Limited |