Linc Balance Sheet Health
Financial Health criteria checks 6/6
Linc has a total shareholder equity of ₹1.8B and total debt of ₹194.1M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are ₹2.6B and ₹776.1M respectively. Linc's EBIT is ₹446.7M making its interest coverage ratio 31.2. It has cash and short-term investments of ₹160.8M.
Key information
10.5%
Debt to equity ratio
₹194.06m
Debt
| Interest coverage ratio | 31.2x |
| Cash | ₹160.83m |
| Equity | ₹1.85b |
| Total liabilities | ₹776.08m |
| Total assets | ₹2.62b |
Recent financial health updates
Is Linc Pen & Plastics (NSE:LINCPEN) Using Too Much Debt?
Mar 28
Linc Pen & Plastics (NSE:LINCPEN) Takes On Some Risk With Its Use Of Debt
Dec 14
Is Linc Pen & Plastics (NSE:LINCPEN) A Risky Investment?
Aug 27Recent updates
The Trend Of High Returns At Linc (NSE:LINC) Has Us Very Interested
Mar 21Lacklustre Performance Is Driving Linc Limited's (NSE:LINC) Low P/E
Mar 02Is Now The Time To Put Linc (NSE:LINC) On Your Watchlist?
Nov 05Linc (NSE:LINC) Will Pay A Larger Dividend Than Last Year At ₹5.00
Aug 14Linc (NSE:LINC) Is Increasing Its Dividend To ₹5.00
Jul 31Does Linc (NSE:LINC) Deserve A Spot On Your Watchlist?
Dec 10Here's Why Shareholders Should Examine Linc Pen & Plastics Limited's (NSE:LINCPEN) CEO Compensation Package More Closely
Sep 08Calculating The Intrinsic Value Of Linc Pen & Plastics Limited (NSE:LINCPEN)
Jun 06Is Linc Pen & Plastics (NSE:LINCPEN) Using Too Much Debt?
Mar 28Calculating The Fair Value Of Linc Pen & Plastics Limited (NSE:LINCPEN)
Feb 28How Should Investors Feel About Linc Pen & Plastics' (NSE:LINCPEN) CEO Remuneration?
Feb 07Have Insiders Been Buying Linc Pen & Plastics Limited (NSE:LINCPEN) Shares This Year?
Jan 18How Does Linc Pen & Plastics Limited (NSE:LINCPEN) Fare As A Dividend Stock?
Jan 01Linc Pen & Plastics (NSE:LINCPEN) Takes On Some Risk With Its Use Of Debt
Dec 14Linc Pen & Plastics Limited's (NSE:LINCPEN) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Nov 26What Can We Conclude About Linc Pen & Plastics' (NSE:LINCPEN) CEO Pay?
Nov 08Calculating The Intrinsic Value Of Linc Pen & Plastics Limited (NSE:LINCPEN)
Oct 21Bimla Jalan Just Bought 1.4% More Shares In Linc Pen & Plastics Limited (NSE:LINCPEN)
Oct 03Bimla Jalan Just Bought 5.8% More Shares In Linc Pen & Plastics Limited (NSE:LINCPEN)
Sep 15Is It Worth Considering Linc Pen & Plastics Limited (NSE:LINCPEN) For Its Upcoming Dividend?
Sep 12Is Linc Pen & Plastics (NSE:LINCPEN) A Risky Investment?
Aug 27Potential Upside For Linc Pen & Plastics Limited (NSE:LINCPEN) Not Without Risk
Aug 07Linc Pen & Plastics Limited's (NSE:LINCPEN) Stock Is Going Strong: Have Financials A Role To Play?
Jul 11Financial Position Analysis
Short Term Liabilities: LINC's short term assets (₹1.4B) exceed its short term liabilities (₹531.7M).
Long Term Liabilities: LINC's short term assets (₹1.4B) exceed its long term liabilities (₹244.4M).
Debt to Equity History and Analysis
Debt Level: LINC's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: LINC's debt to equity ratio has reduced from 57.1% to 10.5% over the past 5 years.
Debt Coverage: LINC's debt is well covered by operating cash flow (208.9%).
Interest Coverage: LINC's interest payments on its debt are well covered by EBIT (31.2x coverage).