Lakshya Powertech Limited

NSEI:LAKSHYA Stock Report

Market Cap: ₹2.4b

Lakshya Powertech Balance Sheet Health

Financial Health criteria checks 4/6

Lakshya Powertech has a total shareholder equity of ₹320.1M and total debt of ₹290.0M, which brings its debt-to-equity ratio to 90.6%. Its total assets and total liabilities are ₹824.6M and ₹504.5M respectively. Lakshya Powertech's EBIT is ₹225.0M making its interest coverage ratio 11. It has cash and short-term investments of ₹4.2M.

Key information

90.6%

Debt to equity ratio

₹290.00m

Debt

Interest coverage ratio11x
Cash₹4.23m
Equity₹320.12m
Total liabilities₹504.51m
Total assets₹824.63m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: LAKSHYA's short term assets (₹722.0M) exceed its short term liabilities (₹478.1M).

Long Term Liabilities: LAKSHYA's short term assets (₹722.0M) exceed its long term liabilities (₹26.4M).


Debt to Equity History and Analysis

Debt Level: LAKSHYA's net debt to equity ratio (89.3%) is considered high.

Reducing Debt: LAKSHYA's debt to equity ratio has reduced from 203.2% to 90.6% over the past 5 years.

Debt Coverage: LAKSHYA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: LAKSHYA's interest payments on its debt are well covered by EBIT (11x coverage).


Balance Sheet


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