Loyal Equipments Balance Sheet Health
Financial Health criteria checks 6/6
Loyal Equipments has a total shareholder equity of ₹336.1M and total debt of ₹29.9M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ₹518.8M and ₹182.8M respectively. Loyal Equipments's EBIT is ₹132.7M making its interest coverage ratio 14.2. It has cash and short-term investments of ₹55.8M.
Key information
8.9%
Debt to equity ratio
₹29.91m
Debt
| Interest coverage ratio | 14.2x |
| Cash | ₹55.77m |
| Equity | ₹336.06m |
| Total liabilities | ₹182.78m |
| Total assets | ₹518.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539227's short term assets (₹357.5M) exceed its short term liabilities (₹151.1M).
Long Term Liabilities: 539227's short term assets (₹357.5M) exceed its long term liabilities (₹31.7M).
Debt to Equity History and Analysis
Debt Level: 539227 has more cash than its total debt.
Reducing Debt: 539227's debt to equity ratio has reduced from 54.1% to 8.9% over the past 5 years.
Debt Coverage: 539227's debt is well covered by operating cash flow (512.1%).
Interest Coverage: 539227's interest payments on its debt are well covered by EBIT (14.2x coverage).