Larsen & Toubro Balance Sheet Health
Financial Health criteria checks 4/6
Larsen & Toubro has a total shareholder equity of ₹1,059.8B and total debt of ₹1,235.7B, which brings its debt-to-equity ratio to 116.6%. Its total assets and total liabilities are ₹3,566.1B and ₹2,506.3B respectively. Larsen & Toubro's EBIT is ₹248.4B making its interest coverage ratio 7. It has cash and short-term investments of ₹554.4B.
Key information
116.6%
Debt to equity ratio
₹1.24t
Debt
| Interest coverage ratio | 7x |
| Cash | ₹554.39b |
| Equity | ₹1.06t |
| Total liabilities | ₹2.51t |
| Total assets | ₹3.57t |
Recent financial health updates
Does Larsen & Toubro (NSE:LT) Have A Healthy Balance Sheet?
May 27
These 4 Measures Indicate That Larsen & Toubro (NSE:LT) Is Using Debt Reasonably Well
Feb 16Recent updates
Larsen & Toubro Limited's (NSE:LT) Share Price Not Quite Adding Up
Dec 18We Ran A Stock Scan For Earnings Growth And Larsen & Toubro (NSE:LT) Passed With Ease
Aug 26Analyst Estimates: Here's What Brokers Think Of Larsen & Toubro Limited (NSE:LT) After Its First-Quarter Report
Jul 26Subdued Growth No Barrier To Larsen & Toubro Limited's (NSE:LT) Price
Jul 13Larsen & Toubro Limited's (NSE:LT) CEO Compensation Is Looking A Bit Stretched At The Moment
Jun 28Does Larsen & Toubro (NSE:LT) Have A Healthy Balance Sheet?
May 27Larsen & Toubro Limited (NSE:LT) Just Released Its Yearly Results And Analysts Are Updating Their Estimates
May 11We Ran A Stock Scan For Earnings Growth And Larsen & Toubro (NSE:LT) Passed With Ease
Mar 18There's Been No Shortage Of Growth Recently For Larsen & Toubro's (NSE:LT) Returns On Capital
Mar 03These 4 Measures Indicate That Larsen & Toubro (NSE:LT) Is Using Debt Reasonably Well
Feb 16Larsen & Toubro Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Feb 01Financial Position Analysis
Short Term Liabilities: LT's short term assets (₹2,290.7B) exceed its short term liabilities (₹1,953.3B).
Long Term Liabilities: LT's short term assets (₹2,290.7B) exceed its long term liabilities (₹553.0B).
Debt to Equity History and Analysis
Debt Level: LT's net debt to equity ratio (64.3%) is considered high.
Reducing Debt: LT's debt to equity ratio has reduced from 183.7% to 116.6% over the past 5 years.
Debt Coverage: LT's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: LT's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:12 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Larsen & Toubro Limited is covered by 81 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Dhruv Jain | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |