Loyal Equipments Balance Sheet Health
Financial Health criteria checks 3/6
Loyal Equipments has a total shareholder equity of ₹241.9M and total debt of ₹144.0M, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are ₹548.6M and ₹306.7M respectively. Loyal Equipments's EBIT is ₹96.0M making its interest coverage ratio 9.4. It has cash and short-term investments of ₹43.2M.
Key information
59.5%
Debt to equity ratio
₹144.01m
Debt
Interest coverage ratio | 9.4x |
Cash | ₹43.16m |
Equity | ₹241.91m |
Total liabilities | ₹306.66m |
Total assets | ₹548.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539227's short term assets (₹400.1M) exceed its short term liabilities (₹261.4M).
Long Term Liabilities: 539227's short term assets (₹400.1M) exceed its long term liabilities (₹45.3M).
Debt to Equity History and Analysis
Debt Level: 539227's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: 539227's debt to equity ratio has increased from 27.5% to 59.5% over the past 5 years.
Debt Coverage: 539227's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 539227's interest payments on its debt are well covered by EBIT (9.4x coverage).