Lokesh Machines Balance Sheet Health
Financial Health criteria checks 4/6
Lokesh Machines has a total shareholder equity of ₹1.6B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are ₹3.6B and ₹1.9B respectively. Lokesh Machines's EBIT is ₹280.3M making its interest coverage ratio 4.5. It has cash and short-term investments of ₹84.3M.
Key information
69.3%
Debt to equity ratio
₹1.13b
Debt
Interest coverage ratio | 4.5x |
Cash | ₹84.26m |
Equity | ₹1.63b |
Total liabilities | ₹1.94b |
Total assets | ₹3.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532740's short term assets (₹1.8B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 532740's short term assets (₹1.8B) exceed its long term liabilities (₹531.0M).
Debt to Equity History and Analysis
Debt Level: 532740's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: 532740's debt to equity ratio has increased from 55.7% to 69.3% over the past 5 years.
Debt Coverage: 532740's debt is well covered by operating cash flow (22.3%).
Interest Coverage: 532740's interest payments on its debt are well covered by EBIT (4.5x coverage).