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 ratio | 11x |
| 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).