Larsen & Toubro Balance Sheet Health
Financial Health criteria checks 4/6
Larsen & Toubro has a total shareholder equity of ₹1,025.5B and total debt of ₹1,140.4B, which brings its debt-to-equity ratio to 111.2%. Its total assets and total liabilities are ₹3,396.3B and ₹2,370.8B respectively. Larsen & Toubro's EBIT is ₹239.0B making its interest coverage ratio 6.8. It has cash and short-term investments of ₹486.3B.
Key information
111.2%
Debt to equity ratio
₹1.14t
Debt
| Interest coverage ratio | 6.8x |
| Cash | ₹486.32b |
| Equity | ₹1.03t |
| Total liabilities | ₹2.37t |
| Total assets | ₹3.40t |
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 16These 4 Measures Indicate That Larsen & Toubro (NSE:LT) Is Using Debt Reasonably Well
Nov 14Larsen & Toubro (NSE:LT) Has A Pretty Healthy Balance Sheet
Jun 28We Think Larsen & Toubro (NSE:LT) Can Stay On Top Of Its Debt
Jan 16Is Larsen & Toubro (NSE:LT) Using Too Much Debt?
Jun 28Recent updates
Does 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 01Should You Be Adding Larsen & Toubro (NSE:LT) To Your Watchlist Today?
Dec 14We Like These Underlying Return On Capital Trends At Larsen & Toubro (NSE:LT)
Nov 29These 4 Measures Indicate That Larsen & Toubro (NSE:LT) Is Using Debt Reasonably Well
Nov 14Should You Be Adding Larsen & Toubro (NSE:LT) To Your Watchlist Today?
Sep 05Larsen & Toubro (NSE:LT) Shareholders Will Want The ROCE Trajectory To Continue
Aug 18Larsen & Toubro (NSE:LT) Has Announced That It Will Be Increasing Its Dividend To ₹24.00
Jul 27Larsen & Toubro (NSE:LT) Has Announced That It Will Be Increasing Its Dividend To ₹24.00
Jul 13Larsen & Toubro (NSE:LT) Has A Pretty Healthy Balance Sheet
Jun 28Larsen & Toubro (NSE:LT) Is Increasing Its Dividend To ₹24.00
Jun 10With EPS Growth And More, Larsen & Toubro (NSE:LT) Makes An Interesting Case
May 03If EPS Growth Is Important To You, Larsen & Toubro (NSE:LT) Presents An Opportunity
Feb 01We Think Larsen & Toubro (NSE:LT) Can Stay On Top Of Its Debt
Jan 16Larsen & Toubro's (NSE:LT) Upcoming Dividend Will Be Larger Than Last Year's
Jul 15Larsen & Toubro (NSE:LT) Is Increasing Its Dividend To ₹22.00
Jul 01Is Larsen & Toubro (NSE:LT) Using Too Much Debt?
Jun 28Financial Position Analysis
Short Term Liabilities: LT's short term assets (₹2,180.8B) exceed its short term liabilities (₹1,766.0B).
Long Term Liabilities: LT's short term assets (₹2,180.8B) exceed its long term liabilities (₹604.8B).
Debt to Equity History and Analysis
Debt Level: LT's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: LT's debt to equity ratio has reduced from 181.4% to 111.2% over the past 5 years.
Debt Coverage: LT's debt is not well covered by operating cash flow (16%).
Interest Coverage: LT's interest payments on its debt are well covered by EBIT (6.8x coverage).