Lakshmi Machine Works Balance Sheet Health
Financial Health criteria checks 6/6
Lakshmi Machine Works has a total shareholder equity of ₹25.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹43.1B and ₹17.8B respectively. Lakshmi Machine Works's EBIT is ₹3.9B making its interest coverage ratio -4.7. It has cash and short-term investments of ₹10.6B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -4.7x |
| Cash | ₹10.60b |
| Equity | ₹25.35b |
| Total liabilities | ₹17.78b |
| Total assets | ₹43.14b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Lakshmi Machine Works (NSE:LAXMIMACH) Might Deserve Your Attention Today
Apr 01
Investors Met With Slowing Returns on Capital At Lakshmi Machine Works (NSE:LAXMIMACH)
Jan 17Subdued Growth No Barrier To Lakshmi Machine Works Limited's (NSE:LAXMIMACH) Price
Dec 30Lakshmi Machine Works (NSE:LAXMIMACH) Shareholders Will Want The ROCE Trajectory To Continue
Oct 10Should You Be Adding Lakshmi Machine Works (NSE:LAXMIMACH) To Your Watchlist Today?
Sep 20Lakshmi Machine Works' (NSE:LAXMIMACH) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11Lakshmi Machine Works (NSE:LAXMIMACH) Is Paying Out A Larger Dividend Than Last Year
Jun 27Lakshmi Machine Works (NSE:LAXMIMACH) Has Announced That It Will Be Increasing Its Dividend To ₹98.50
Jun 10Lakshmi Machine Works (NSE:LAXMIMACH) Will Pay A Larger Dividend Than Last Year At ₹98.50
May 27Return Trends At Lakshmi Machine Works (NSE:LAXMIMACH) Aren't Appealing
May 03Should You Be Adding Lakshmi Machine Works (NSE:LAXMIMACH) To Your Watchlist Today?
Feb 06Lakshmi Machine Works (NSE:LAXMIMACH) Has Some Way To Go To Become A Multi-Bagger
Jan 15Here's Why Lakshmi Machine Works (NSE:LAXMIMACH) Has Caught The Eye Of Investors
Oct 13Investors Met With Slowing Returns on Capital At Lakshmi Machine Works (NSE:LAXMIMACH)
Aug 15Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00
Jul 08Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00
Jun 24Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00
May 15Investors Could Be Concerned With Lakshmi Machine Works' (NSE:LAXMIMACH) Returns On Capital
Mar 23Be Wary Of Lakshmi Machine Works (NSE:LAXMIMACH) And Its Returns On Capital
Dec 17Estimating The Intrinsic Value Of Lakshmi Machine Works Limited (NSE:LAXMIMACH)
Nov 19Lakshmi Machine Works (NSE:LAXMIMACH) Could Be Struggling To Allocate Capital
Sep 16What Can We Make Of Lakshmi Machine Works' (NSE:LAXMIMACH) CEO Compensation?
Feb 17What Type Of Shareholders Make Up Lakshmi Machine Works Limited's (NSE:LAXMIMACH) Share Registry?
Jan 13Should Lakshmi Machine Works (NSE:LAXMIMACH) Be Disappointed With Their 32% Profit?
Nov 21
What Is The Ownership Structure Like For Lakshmi Machine Works Limited (NSE:LAXMIMACH)?
Sep 29Should You Buy Lakshmi Machine Works Limited (NSE:LAXMIMACH) For Its Dividend?
Aug 25Financial Position Analysis
Short Term Liabilities: LAXMIMACH's short term assets (₹23.4B) exceed its short term liabilities (₹14.9B).
Long Term Liabilities: LAXMIMACH's short term assets (₹23.4B) exceed its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: LAXMIMACH is debt free.
Reducing Debt: LAXMIMACH has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: LAXMIMACH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LAXMIMACH has no debt, therefore coverage of interest payments is not a concern.