Balmer Lawrie Balance Sheet Health
Financial Health criteria checks 5/6
Balmer Lawrie has a total shareholder equity of ₹16.9B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ₹27.3B and ₹10.5B respectively. Balmer Lawrie's EBIT is ₹2.1B making its interest coverage ratio -236.6. It has cash and short-term investments of ₹3.5B.
Key information
7.5%
Debt to equity ratio
₹1.27b
Debt
Interest coverage ratio | -236.6x |
Cash | ₹3.53b |
Equity | ₹16.87b |
Total liabilities | ₹10.47b |
Total assets | ₹27.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523319's short term assets (₹13.9B) exceed its short term liabilities (₹7.4B).
Long Term Liabilities: 523319's short term assets (₹13.9B) exceed its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: 523319 has more cash than its total debt.
Reducing Debt: 523319's debt to equity ratio has increased from 4.1% to 7.5% over the past 5 years.
Debt Coverage: 523319's debt is well covered by operating cash flow (245.4%).
Interest Coverage: 523319 earns more interest than it pays, so coverage of interest payments is not a concern.