L.G. Balakrishnan & Bros Balance Sheet Health
Financial Health criteria checks 6/6
L.G. Balakrishnan & Bros has a total shareholder equity of ₹18.0B and total debt of ₹858.6M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are ₹23.9B and ₹5.9B respectively. L.G. Balakrishnan & Bros's EBIT is ₹3.2B making its interest coverage ratio -9.4. It has cash and short-term investments of ₹4.8B.
Key information
4.8%
Debt to equity ratio
₹858.62m
Debt
| Interest coverage ratio | -9.4x |
| Cash | ₹4.78b |
| Equity | ₹17.98b |
| Total liabilities | ₹5.91b |
| Total assets | ₹23.89b |
Recent financial health updates
Is L.G. Balakrishnan & Bros (NSE:LGBBROSLTD) A Risky Investment?
Sep 27
We Think L.G. Balakrishnan & Bros (NSE:LGBBROSLTD) Can Manage Its Debt With Ease
Jun 28Does L.G. Balakrishnan & Bros (NSE:LGBBROSLTD) Have A Healthy Balance Sheet?
Dec 21Recent updates
Increases to L.G. Balakrishnan & Bros Limited's (NSE:LGBBROSLTD) CEO Compensation Might Cool off for now
Aug 23L.G. Balakrishnan & Bros Limited (NSE:LGBBROSLTD) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Jul 05Investors Shouldn't Overlook The Favourable Returns On Capital At L.G. Balakrishnan & Bros (NSE:LGBBROSLTD)
Jul 29Is L.G. Balakrishnan & Bros (NSE:LGBBROSLTD) A Risky Investment?
Sep 27Why We Like The Returns At L.G. Balakrishnan & Bros (NSE:LGBBROSLTD)
Jul 10We Think L.G. Balakrishnan & Bros (NSE:LGBBROSLTD) Can Manage Its Debt With Ease
Jun 28L.G. Balakrishnan & Bros Limited (NSE:LGBBROSLTD) Shares Could Be 41% Below Their Intrinsic Value Estimate
Mar 07L.G. Balakrishnan & Bros' (NSE:LGBBROSLTD) Earnings Are Weaker Than They Seem
Jun 17This Analyst Just Made An Incredible Upgrade To Their L.G. Balakrishnan & Bros Limited (NSE:LGBBROSLTD) Earnings Forecasts
Jun 14L.G. Balakrishnan & Bros (NSE:LGBBROSLTD) Is Reinvesting At Lower Rates Of Return
Jun 11A Look At The Fair Value Of L.G. Balakrishnan & Bros Limited (NSE:LGBBROSLTD)
May 24Is L.G. Balakrishnan & Bros Limited (NSE:LGBBROSLTD) Popular Amongst Insiders?
Mar 19Should You Be Impressed By L.G. Balakrishnan & Bros' (NSE:LGBBROSLTD) Returns on Capital?
Mar 06Here's What We Learned About The CEO Pay At L.G. Balakrishnan & Bros Limited (NSE:LGBBROSLTD)
Feb 09A Look At The Fair Value Of L.G. Balakrishnan & Bros Limited (NSE:LGBBROSLTD)
Jan 28L.G. Balakrishnan & Bros Limited's (NSE:LGBBROSLTD) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 08Does L.G. Balakrishnan & Bros (NSE:LGBBROSLTD) Have A Healthy Balance Sheet?
Dec 21Have L.G. Balakrishnan & Bros Limited (NSE:LGBBROSLTD) Insiders Been Selling Their Stock?
Dec 06
Has L.G. Balakrishnan & Bros (NSE:LGBBROSLTD) Got What It Takes To Become A Multi-Bagger?
Dec 03What Percentage Of L.G. Balakrishnan & Bros Limited (NSE:LGBBROSLTD) Shares Do Insiders Own?
Nov 03Financial Position Analysis
Short Term Liabilities: LGBBROSLTD's short term assets (₹12.6B) exceed its short term liabilities (₹5.3B).
Long Term Liabilities: LGBBROSLTD's short term assets (₹12.6B) exceed its long term liabilities (₹565.2M).
Debt to Equity History and Analysis
Debt Level: LGBBROSLTD has more cash than its total debt.
Reducing Debt: LGBBROSLTD's debt to equity ratio has reduced from 27.4% to 4.8% over the past 5 years.
Debt Coverage: LGBBROSLTD's debt is well covered by operating cash flow (329.3%).
Interest Coverage: LGBBROSLTD earns more interest than it pays, so coverage of interest payments is not a concern.