Lokesh Machines Balance Sheet Health
Financial Health criteria checks 3/6
Lokesh Machines has a total shareholder equity of ₹2.0B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are ₹4.1B and ₹2.1B respectively. Lokesh Machines's EBIT is ₹332.8M making its interest coverage ratio 3. It has cash and short-term investments of ₹87.8M.
Key information
65.2%
Debt to equity ratio
₹1.31b
Debt
| Interest coverage ratio | 3x |
| Cash | ₹87.80m |
| Equity | ₹2.01b |
| Total liabilities | ₹2.10b |
| Total assets | ₹4.11b |
Recent financial health updates
Lokesh Machines (NSE:LOKESHMACH) Takes On Some Risk With Its Use Of Debt
Aug 29
Lokesh Machines (NSE:LOKESHMACH) Has A Pretty Healthy Balance Sheet
Feb 03Lokesh Machines (NSE:LOKESHMACH) Takes On Some Risk With Its Use Of Debt
Aug 16Here's Why Lokesh Machines (NSE:LOKESHMACH) Is Weighed Down By Its Debt Load
Feb 21Here's Why Lokesh Machines (NSE:LOKESHMACH) Is Weighed Down By Its Debt Load
Sep 14
Recent updates
Lokesh Machines (NSE:LOKESHMACH) Has More To Do To Multiply In Value Going Forward
Nov 08Here's Why We Think Lokesh Machines (NSE:LOKESHMACH) Might Deserve Your Attention Today
Jun 19Additional Considerations Required While Assessing Lokesh Machines' (NSE:LOKESHMACH) Strong Earnings
May 30Lokesh Machines Limited's (NSE:LOKESHMACH) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Mar 13Lokesh Machines Limited's (NSE:LOKESHMACH) 26% Share Price Surge Not Quite Adding Up
Dec 31If EPS Growth Is Important To You, Lokesh Machines (NSE:LOKESHMACH) Presents An Opportunity
Sep 26Calculating The Intrinsic Value Of Lokesh Machines Limited (NSE:LOKESHMACH)
Jun 16Should You Be Adding Lokesh Machines (NSE:LOKESHMACH) To Your Watchlist Today?
Mar 30Lokesh Machines' (NSE:LOKESHMACH) Returns Have Hit A Wall
Mar 10Here's Why We Think Lokesh Machines (NSE:LOKESHMACH) Is Well Worth Watching
Dec 26A Look At The Intrinsic Value Of Lokesh Machines Limited (NSE:LOKESHMACH)
Oct 22Returns On Capital At Lokesh Machines (NSE:LOKESHMACH) Have Hit The Brakes
Sep 20Lokesh Machines (NSE:LOKESHMACH) Takes On Some Risk With Its Use Of Debt
Aug 29Return Trends At Lokesh Machines (NSE:LOKESHMACH) Aren't Appealing
Jun 17A Look At The Intrinsic Value Of Lokesh Machines Limited (NSE:LOKESHMACH)
May 13Return Trends At Lokesh Machines (NSE:LOKESHMACH) Aren't Appealing
Mar 03Lokesh Machines (NSE:LOKESHMACH) Has A Pretty Healthy Balance Sheet
Feb 03Returns On Capital At Lokesh Machines (NSE:LOKESHMACH) Have Stalled
Nov 17Lokesh Machines (NSE:LOKESHMACH) Takes On Some Risk With Its Use Of Debt
Aug 16Lokesh Machines (NSE:LOKESHMACH) Will Be Hoping To Turn Its Returns On Capital Around
Jun 06Here's Why Lokesh Machines (NSE:LOKESHMACH) Is Weighed Down By Its Debt Load
Feb 21How Should Investors Feel About Lokesh Machines' (NSE:LOKESHMACH) CEO Remuneration?
Jan 17The Returns On Capital At Lokesh Machines (NSE:LOKESHMACH) Don't Inspire Confidence
Dec 13Calculating The Fair Value Of Lokesh Machines Limited (NSE:LOKESHMACH)
Nov 08How Much Does Lokesh Machines' (NSE:LOKESHMACH) CEO Make?
Oct 11Here's Why Lokesh Machines (NSE:LOKESHMACH) Is Weighed Down By Its Debt Load
Sep 14These Metrics Don't Make Lokesh Machines (NSE:LOKESHMACH) Look Too Strong
Aug 19Financial Position Analysis
Short Term Liabilities: LOKESHMACH's short term assets (₹2.0B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: LOKESHMACH's short term assets (₹2.0B) exceed its long term liabilities (₹646.5M).
Debt to Equity History and Analysis
Debt Level: LOKESHMACH's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: LOKESHMACH's debt to equity ratio has increased from 50.7% to 65.2% over the past 5 years.
Debt Coverage: LOKESHMACH's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: LOKESHMACH's interest payments on its debt are well covered by EBIT (3x coverage).