Balmer Lawrie Balance Sheet Health
Financial Health criteria checks 6/6
Balmer Lawrie has a total shareholder equity of ₹18.1B and total debt of ₹927.4M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ₹29.0B and ₹11.0B respectively. Balmer Lawrie's EBIT is ₹2.7B making its interest coverage ratio -13.2. It has cash and short-term investments of ₹3.3B.
Key information
5.1%
Debt to equity ratio
₹927.38m
Debt
| Interest coverage ratio | -13.2x |
| Cash | ₹3.34b |
| Equity | ₹18.09b |
| Total liabilities | ₹10.95b |
| Total assets | ₹29.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523319's short term assets (₹14.9B) exceed its short term liabilities (₹7.8B).
Long Term Liabilities: 523319's short term assets (₹14.9B) exceed its long term liabilities (₹3.2B).
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 reduced from 9.1% to 5.1% over the past 5 years.
Debt Coverage: 523319's debt is well covered by operating cash flow (196.6%).
Interest Coverage: 523319 earns more interest than it pays, so coverage of interest payments is not a concern.