Lumax Auto Technologies Financial Health
How is Lumax Auto Technologies's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LUMAXTECH's short term assets (₹7.1B) exceed its short term liabilities (₹5.4B).
Long Term Liabilities: LUMAXTECH's short term assets (₹7.1B) exceed its long term liabilities (₹627.0M).
Debt to Equity History and Analysis
Debt Level: LUMAXTECH has more cash than its total debt.
Reducing Debt: LUMAXTECH's debt to equity ratio has increased from 3.9% to 22.1% over the past 5 years.
Debt Coverage: LUMAXTECH's debt is well covered by operating cash flow (67%).
Interest Coverage: LUMAXTECH's interest payments on its debt are well covered by EBIT (21.6x coverage).