Lesha Industries Balance Sheet Health
Financial Health criteria checks 5/6
Lesha Industries has a total shareholder equity of ₹745.1M and total debt of ₹3.3M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹768.9M and ₹23.8M respectively. Lesha Industries's EBIT is ₹11.4M making its interest coverage ratio -5704. It has cash and short-term investments of ₹59.5M.
Key information
0.4%
Debt to equity ratio
₹3.30m
Debt
| Interest coverage ratio | -5704x |
| Cash | ₹59.52m |
| Equity | ₹745.07m |
| Total liabilities | ₹23.84m |
| Total assets | ₹768.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533602's short term assets (₹281.1M) exceed its short term liabilities (₹20.5M).
Long Term Liabilities: 533602's short term assets (₹281.1M) exceed its long term liabilities (₹3.3M).
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 24.2% to 0.4% over the past 5 years.
Debt Coverage: 533602's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 533602 earns more interest than it pays, so coverage of interest payments is not a concern.