L.G. Balakrishnan & Bros Balance Sheet Health
Financial Health criteria checks 6/6
L.G. Balakrishnan & Bros has a total shareholder equity of ₹18.0B and total debt of ₹858.6M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are ₹23.9B and ₹5.9B respectively. L.G. Balakrishnan & Bros's EBIT is ₹3.2B making its interest coverage ratio -9.4. It has cash and short-term investments of ₹4.8B.
Key information
4.8%
Debt to equity ratio
₹858.62m
Debt
| Interest coverage ratio | -9.4x |
| Cash | ₹4.78b |
| Equity | ₹17.98b |
| Total liabilities | ₹5.91b |
| Total assets | ₹23.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500250's short term assets (₹12.6B) exceed its short term liabilities (₹5.3B).
Long Term Liabilities: 500250's short term assets (₹12.6B) exceed its long term liabilities (₹565.2M).
Debt to Equity History and Analysis
Debt Level: 500250 has more cash than its total debt.
Reducing Debt: 500250's debt to equity ratio has reduced from 27.4% to 4.8% over the past 5 years.
Debt Coverage: 500250's debt is well covered by operating cash flow (329.3%).
Interest Coverage: 500250 earns more interest than it pays, so coverage of interest payments is not a concern.