Laffans Petrochemicals Balance Sheet Health
Financial Health criteria checks 3/6
Laffans Petrochemicals has a total shareholder equity of ₹619.5M and total debt of ₹4.7M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹661.6M and ₹42.1M respectively.
Key information
0.8%
Debt to equity ratio
₹4.71m
Debt
Interest coverage ratio | n/a |
Cash | ₹2.87m |
Equity | ₹619.49m |
Total liabilities | ₹42.13m |
Total assets | ₹661.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524522's short term assets (₹39.4M) exceed its short term liabilities (₹31.2M).
Long Term Liabilities: 524522's short term assets (₹39.4M) exceed its long term liabilities (₹10.9M).
Debt to Equity History and Analysis
Debt Level: 524522's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 524522's debt to equity ratio has increased from 0.4% to 0.8% over the past 5 years.
Debt Coverage: 524522's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 524522's interest payments on its debt are well covered by EBIT.