L&T Technology Services Balance Sheet Health
Financial Health criteria checks 6/6
L&T Technology Services has a total shareholder equity of ₹53.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹84.9B and ₹31.4B respectively. L&T Technology Services's EBIT is ₹16.5B making its interest coverage ratio 32.4. It has cash and short-term investments of ₹26.8B.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 32.4x |
Cash | ₹26.84b |
Equity | ₹53.48b |
Total liabilities | ₹31.41b |
Total assets | ₹84.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540115's short term assets (₹62.3B) exceed its short term liabilities (₹25.4B).
Long Term Liabilities: 540115's short term assets (₹62.3B) exceed its long term liabilities (₹6.0B).
Debt to Equity History and Analysis
Debt Level: 540115 is debt free.
Reducing Debt: 540115 has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
Debt Coverage: 540115 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 540115 has no debt, therefore coverage of interest payments is not a concern.