Lakshmi Electrical Control Systems Balance Sheet Health
Financial Health criteria checks 5/6
Lakshmi Electrical Control Systems has a total shareholder equity of ₹3.0B and total debt of ₹111.7M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹3.7B and ₹735.4M respectively. Lakshmi Electrical Control Systems's EBIT is ₹32.1M making its interest coverage ratio -3.2. It has cash and short-term investments of ₹145.8M.
Key information
3.7%
Debt to equity ratio
₹111.74m
Debt
| Interest coverage ratio | -3.2x |
| Cash | ₹145.85m |
| Equity | ₹3.01b |
| Total liabilities | ₹735.43m |
| Total assets | ₹3.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504258's short term assets (₹1.1B) exceed its short term liabilities (₹518.7M).
Long Term Liabilities: 504258's short term assets (₹1.1B) exceed its long term liabilities (₹216.8M).
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 increased from 3.1% to 3.7% over the past 5 years.
Debt Coverage: 504258's debt is well covered by operating cash flow (90.4%).
Interest Coverage: 504258 earns more interest than it pays, so coverage of interest payments is not a concern.