Lakshmi Electrical Control Systems Balance Sheet Health
Financial Health criteria checks 6/6
Lakshmi Electrical Control Systems has a total shareholder equity of ₹2.7B and total debt of ₹68.1M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹3.6B and ₹872.6M respectively. Lakshmi Electrical Control Systems's EBIT is ₹163.2M making its interest coverage ratio -47.2. It has cash and short-term investments of ₹96.2M.
Key information
2.5%
Debt to equity ratio
₹68.14m
Debt
Interest coverage ratio | -47.2x |
Cash | ₹96.22m |
Equity | ₹2.73b |
Total liabilities | ₹872.60m |
Total assets | ₹3.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504258's short term assets (₹1.4B) exceed its short term liabilities (₹744.6M).
Long Term Liabilities: 504258's short term assets (₹1.4B) exceed its long term liabilities (₹128.0M).
Debt to Equity History and Analysis
Debt Level: 504258 has more cash than its total debt.
Reducing Debt: 504258's debt to equity ratio has reduced from 3.7% to 2.5% over the past 5 years.
Debt Coverage: 504258's debt is well covered by operating cash flow (195.6%).
Interest Coverage: 504258 earns more interest than it pays, so coverage of interest payments is not a concern.