Lippi Systems Balance Sheet Health
Financial Health criteria checks 4/6
Lippi Systems has a total shareholder equity of ₹214.5M and total debt of ₹9.9M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ₹236.1M and ₹21.6M respectively.
Key information
4.6%
Debt to equity ratio
₹9.89m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹705.00k |
| Equity | ₹214.49m |
| Total liabilities | ₹21.64m |
| Total assets | ₹236.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526604's short term assets (₹36.7M) exceed its short term liabilities (₹12.7M).
Long Term Liabilities: 526604's short term assets (₹36.7M) exceed its long term liabilities (₹8.9M).
Debt to Equity History and Analysis
Debt Level: 526604's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 526604's debt to equity ratio has reduced from 29.8% to 4.6% over the past 5 years.
Debt Coverage: 526604's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 526604's interest payments on its debt are well covered by EBIT.