Lesha Industries Balance Sheet Health
Financial Health criteria checks 5/6
Lesha Industries has a total shareholder equity of ₹245.8M and total debt of ₹6.9M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹391.9M and ₹146.1M respectively. Lesha Industries's EBIT is ₹63.9M making its interest coverage ratio -127897. It has cash and short-term investments of ₹46.8M.
Key information
2.8%
Debt to equity ratio
₹6.90m
Debt
Interest coverage ratio | -127897x |
Cash | ₹46.85m |
Equity | ₹245.78m |
Total liabilities | ₹146.10m |
Total assets | ₹391.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533602's short term assets (₹85.2M) do not cover its short term liabilities (₹143.2M).
Long Term Liabilities: 533602's short term assets (₹85.2M) exceed its long term liabilities (₹2.9M).
Debt to Equity History and Analysis
Debt Level: 533602 has more cash than its total debt.
Reducing Debt: 533602's debt to equity ratio has reduced from 23.5% to 2.8% over the past 5 years.
Debt Coverage: 533602's debt is well covered by operating cash flow (1420.5%).
Interest Coverage: 533602 earns more interest than it pays, so coverage of interest payments is not a concern.