Latteys Industries Balance Sheet Health
Financial Health criteria checks 2/6
Latteys Industries has a total shareholder equity of ₹184.5M and total debt of ₹166.1M, which brings its debt-to-equity ratio to 90%. Its total assets and total liabilities are ₹488.1M and ₹303.6M respectively. Latteys Industries's EBIT is ₹38.3M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹793.0K.
Key information
90.0%
Debt to equity ratio
₹166.07m
Debt
Interest coverage ratio | 2.3x |
Cash | ₹793.00k |
Equity | ₹184.47m |
Total liabilities | ₹303.62m |
Total assets | ₹488.08m |
Recent financial health updates
No updates
Recent updates
The Price Is Right For Latteys Industries Limited (NSE:LATTEYS) Even After Diving 26%
Mar 28Latteys Industries Limited (NSE:LATTEYS) Stocks Pounded By 28% But Not Lagging Market On Growth Or Pricing
Feb 07With EPS Growth And More, Latteys Industries (NSE:LATTEYS) Makes An Interesting Case
Aug 19Here's Why We Think Latteys Industries (NSE:LATTEYS) Might Deserve Your Attention Today
Jan 28Here's Why We Think Latteys Industries (NSE:LATTEYS) Is Well Worth Watching
Oct 25Unpleasant Surprises Could Be In Store For Latteys Industries Limited's (NSE:LATTEYS) Shares
Jul 07Financial Position Analysis
Short Term Liabilities: LATTEYS's short term assets (₹380.8M) exceed its short term liabilities (₹289.9M).
Long Term Liabilities: LATTEYS's short term assets (₹380.8M) exceed its long term liabilities (₹13.7M).
Debt to Equity History and Analysis
Debt Level: LATTEYS's net debt to equity ratio (89.6%) is considered high.
Reducing Debt: LATTEYS's debt to equity ratio has increased from 89.1% to 90% over the past 5 years.
Debt Coverage: LATTEYS's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: LATTEYS's interest payments on its debt are not well covered by EBIT (2.3x coverage).