LGB Forge Balance Sheet Health
Financial Health criteria checks 3/6
LGB Forge has a total shareholder equity of ₹257.5M and total debt of ₹295.6M, which brings its debt-to-equity ratio to 114.8%. Its total assets and total liabilities are ₹857.3M and ₹599.8M respectively.
Key information
114.8%
Debt to equity ratio
₹295.63m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹3.08m |
| Equity | ₹257.53m |
| Total liabilities | ₹599.75m |
| Total assets | ₹857.28m |
Recent financial health updates
We Think LGB Forge (NSE:LGBFORGE) Has A Fair Chunk Of Debt
Sep 01
LGB Forge (NSE:LGBFORGE) Is Making Moderate Use Of Debt
Mar 28Is LGB Forge (NSE:LGBFORGE) A Risky Investment?
Sep 15We Think LGB Forge (NSE:LGBFORGE) Can Stay On Top Of Its Debt
Jun 08Recent updates
Investors Holding Back On LGB Forge Limited (NSE:LGBFORGE)
Feb 07We Think LGB Forge (NSE:LGBFORGE) Has A Fair Chunk Of Debt
Sep 01LGB Forge (NSE:LGBFORGE) Is Making Moderate Use Of Debt
Mar 28Is LGB Forge (NSE:LGBFORGE) A Risky Investment?
Sep 15We Think LGB Forge (NSE:LGBFORGE) Can Stay On Top Of Its Debt
Jun 08LGB Forge Limited (NSE:LGBFORGE) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless
May 08With EPS Growth And More, LGB Forge (NSE:LGBFORGE) Is Interesting
Apr 30Have LGB Forge Limited (NSE:LGBFORGE) Insiders Been Selling Their Stock?
Mar 09Don't Ignore The Fact That This Insider Just Sold Some Shares In LGB Forge Limited (NSE:LGBFORGE)
Feb 23LGB Forge Limited's (NSE:LGBFORGE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 14Have Insiders Sold LGB Forge Limited (NSE:LGBFORGE) Shares Recently?
Dec 06Have LGB Forge Limited (NSE:LGBFORGE) Insiders Been Selling Their Stock?
Nov 20
Financial Position Analysis
Short Term Liabilities: LGBFORGE's short term assets (₹656.9M) exceed its short term liabilities (₹484.0M).
Long Term Liabilities: LGBFORGE's short term assets (₹656.9M) exceed its long term liabilities (₹115.7M).
Debt to Equity History and Analysis
Debt Level: LGBFORGE's net debt to equity ratio (113.6%) is considered high.
Reducing Debt: LGBFORGE's debt to equity ratio has reduced from 781.1% to 114.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LGBFORGE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LGBFORGE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.5% each year