Lippi Systems Balance Sheet Health
Financial Health criteria checks 4/6
Lippi Systems has a total shareholder equity of ₹221.2M and total debt of ₹6.2M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹240.4M and ₹19.2M respectively.
Key information
2.8%
Debt to equity ratio
₹6.17m
Debt
Interest coverage ratio | n/a |
Cash | ₹623.70k |
Equity | ₹221.23m |
Total liabilities | ₹19.17m |
Total assets | ₹240.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526604's short term assets (₹33.8M) exceed its short term liabilities (₹8.7M).
Long Term Liabilities: 526604's short term assets (₹33.8M) exceed its long term liabilities (₹10.5M).
Debt to Equity History and Analysis
Debt Level: 526604's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 526604's debt to equity ratio has reduced from 43.1% to 2.8% 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.