Larsen & Toubro Balance Sheet Health
Financial Health criteria checks 5/6
Larsen & Toubro has a total shareholder equity of ₹934.5B and total debt of ₹1,221.1B, which brings its debt-to-equity ratio to 130.7%. Its total assets and total liabilities are ₹3,231.2B and ₹2,296.7B respectively. Larsen & Toubro's EBIT is ₹234.9B making its interest coverage ratio 6.9. It has cash and short-term investments of ₹473.5B.
Key information
130.7%
Debt to equity ratio
₹1.22t
Debt
Interest coverage ratio | 6.9x |
Cash | ₹473.52b |
Equity | ₹934.50b |
Total liabilities | ₹2.30t |
Total assets | ₹3.23t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500510's short term assets (₹2,089.5B) exceed its short term liabilities (₹1,672.5B).
Long Term Liabilities: 500510's short term assets (₹2,089.5B) exceed its long term liabilities (₹624.2B).
Debt to Equity History and Analysis
Debt Level: 500510's net debt to equity ratio (80%) is considered high.
Reducing Debt: 500510's debt to equity ratio has reduced from 197.9% to 130.7% over the past 5 years.
Debt Coverage: 500510's debt is well covered by operating cash flow (21.6%).
Interest Coverage: 500510's interest payments on its debt are well covered by EBIT (6.9x coverage).