Lokesh Machines Balance Sheet Health
Financial Health criteria checks 4/6
Lokesh Machines has a total shareholder equity of ₹1.6B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are ₹3.6B and ₹1.9B respectively. Lokesh Machines's EBIT is ₹280.3M making its interest coverage ratio 4.5. It has cash and short-term investments of ₹84.3M.
Key information
69.3%
Debt to equity ratio
₹1.13b
Debt
| Interest coverage ratio | 4.5x |
| Cash | ₹84.26m |
| Equity | ₹1.63b |
| Total liabilities | ₹1.94b |
| Total assets | ₹3.57b |
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 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 19Lokesh Machines Limited (NSE:LOKESHMACH) Could Be Riskier Than It Looks
Jul 06Financial Position Analysis
Short Term Liabilities: LOKESHMACH's short term assets (₹1.8B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: LOKESHMACH's short term assets (₹1.8B) exceed its long term liabilities (₹531.0M).
Debt to Equity History and Analysis
Debt Level: LOKESHMACH's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: LOKESHMACH's debt to equity ratio has increased from 55.7% to 69.3% over the past 5 years.
Debt Coverage: LOKESHMACH's debt is well covered by operating cash flow (22.3%).
Interest Coverage: LOKESHMACH's interest payments on its debt are well covered by EBIT (4.5x coverage).