Balmer Lawrie Investments Balance Sheet Health
Financial Health criteria checks 5/6
Balmer Lawrie Investments has a total shareholder equity of ₹18.5B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ₹28.0B and ₹9.5B respectively. Balmer Lawrie Investments's EBIT is ₹2.7B making its interest coverage ratio 18.4. It has cash and short-term investments of ₹5.8B.
Key information
6.6%
Debt to equity ratio
₹1.21b
Debt
Interest coverage ratio | 18.4x |
Cash | ₹5.84b |
Equity | ₹18.46b |
Total liabilities | ₹9.52b |
Total assets | ₹27.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532485's short term assets (₹14.8B) exceed its short term liabilities (₹6.4B).
Long Term Liabilities: 532485's short term assets (₹14.8B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: 532485 has more cash than its total debt.
Reducing Debt: 532485's debt to equity ratio has increased from 0% to 6.6% over the past 5 years.
Debt Coverage: 532485's debt is well covered by operating cash flow (170.1%).
Interest Coverage: 532485's interest payments on its debt are well covered by EBIT (18.4x coverage).