Laffans Petrochemicals Balance Sheet Health
Financial Health criteria checks 3/6
Laffans Petrochemicals has a total shareholder equity of ₹682.7M and total debt of ₹3.5M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹761.8M and ₹79.1M respectively.
Key information
0.5%
Debt to equity ratio
₹3.54m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹25.00k |
| Equity | ₹682.74m |
| Total liabilities | ₹79.05m |
| Total assets | ₹761.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524522's short term assets (₹44.7M) do not cover its short term liabilities (₹54.4M).
Long Term Liabilities: 524522's short term assets (₹44.7M) exceed its long term liabilities (₹24.7M).
Debt to Equity History and Analysis
Debt Level: 524522's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 524522's debt to equity ratio has increased from 0.3% to 0.5% over the past 5 years.
Debt Coverage: 524522's debt is well covered by operating cash flow (1034%).
Interest Coverage: Insufficient data to determine if 524522's interest payments on its debt are well covered by EBIT.