Lakshmi Machine Works Balance Sheet Health
Financial Health criteria checks 6/6
Lakshmi Machine Works has a total shareholder equity of ₹25.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹43.1B and ₹17.8B respectively. Lakshmi Machine Works's EBIT is ₹3.9B making its interest coverage ratio -4.7. It has cash and short-term investments of ₹10.6B.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -4.7x |
Cash | ₹10.60b |
Equity | ₹25.35b |
Total liabilities | ₹17.78b |
Total assets | ₹43.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500252's short term assets (₹23.4B) exceed its short term liabilities (₹14.9B).
Long Term Liabilities: 500252's short term assets (₹23.4B) exceed its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: 500252 is debt free.
Reducing Debt: 500252 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: 500252 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 500252 has no debt, therefore coverage of interest payments is not a concern.