L.G. Balakrishnan & Bros Balance Sheet Health
Financial Health criteria checks 6/6
L.G. Balakrishnan & Bros has a total shareholder equity of ₹16.4B and total debt of ₹994.9M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹22.4B and ₹5.9B respectively. L.G. Balakrishnan & Bros's EBIT is ₹3.2B making its interest coverage ratio 39.2. It has cash and short-term investments of ₹3.6B.
Key information
6.1%
Debt to equity ratio
₹994.86m
Debt
Interest coverage ratio | 39.2x |
Cash | ₹3.60b |
Equity | ₹16.44b |
Total liabilities | ₹5.93b |
Total assets | ₹22.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500250's short term assets (₹11.1B) exceed its short term liabilities (₹5.3B).
Long Term Liabilities: 500250's short term assets (₹11.1B) exceed its long term liabilities (₹646.2M).
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 32% to 6.1% over the past 5 years.
Debt Coverage: 500250's debt is well covered by operating cash flow (344.5%).
Interest Coverage: 500250's interest payments on its debt are well covered by EBIT (39.2x coverage).