L&T Technology Services Balance Sheet Health
Financial Health criteria checks 5/6
L&T Technology Services has a total shareholder equity of ₹48.1B and total debt of ₹5.5B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ₹77.1B and ₹29.0B respectively. L&T Technology Services's EBIT is ₹15.9B making its interest coverage ratio -40.5. It has cash and short-term investments of ₹21.1B.
Key information
11.5%
Debt to equity ratio
₹5.51b
Debt
| Interest coverage ratio | -40.5x |
| Cash | ₹21.10b |
| Equity | ₹48.09b |
| Total liabilities | ₹29.02b |
| Total assets | ₹77.11b |
Recent financial health updates
Recent updates
With EPS Growth And More, L&T Technology Services (NSE:LTTS) Makes An Interesting Case
Apr 13
L&T Technology Services (NSE:LTTS) Looks To Prolong Its Impressive Returns
Mar 01L&T Technology Services Limited (NSE:LTTS) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹4,814
Jan 20What L&T Technology Services Limited's (NSE:LTTS) P/E Is Not Telling You
Jan 09Does L&T Technology Services (NSE:LTTS) Deserve A Spot On Your Watchlist?
Dec 22Many Would Be Envious Of L&T Technology Services' (NSE:LTTS) Excellent Returns On Capital
Nov 22L&T Technology Services (NSE:LTTS) Has Announced That It Will Be Increasing Its Dividend To ₹17.00
Oct 20Should You Be Adding L&T Technology Services (NSE:LTTS) To Your Watchlist Today?
Sep 18Does L&T Technology Services (NSE:LTTS) Have A Healthy Balance Sheet?
Sep 03Capital Investments At L&T Technology Services (NSE:LTTS) Point To A Promising Future
Aug 18Here's Why We Think L&T Technology Services (NSE:LTTS) Is Well Worth Watching
Jun 05Capital Investment Trends At L&T Technology Services (NSE:LTTS) Look Strong
Apr 29Should You Be Adding L&T Technology Services (NSE:LTTS) To Your Watchlist Today?
Mar 07L&T Technology Services (NSE:LTTS) Looks To Prolong Its Impressive Returns
Jan 14Do L&T Technology Services' (NSE:LTTS) Earnings Warrant Your Attention?
Nov 29With EPS Growth And More, L&T Technology Services (NSE:LTTS) Makes An Interesting Case
Aug 26Capital Investment Trends At L&T Technology Services (NSE:LTTS) Look Strong
Jul 30L&T Technology Services (NSE:LTTS) Will Pay A Larger Dividend Than Last Year At ₹15.00
Jul 01L&T Technology Services (NSE:LTTS) Has Announced That It Will Be Increasing Its Dividend To ₹15.00
Jun 17Should You Be Adding L&T Technology Services (NSE:LTTS) To Your Watchlist Today?
May 13L&T Technology Services (NSE:LTTS) Will Want To Turn Around Its Return Trends
Apr 12Should You Be Adding L&T Technology Services (NSE:LTTS) To Your Watchlist Today?
Feb 02Returns On Capital At L&T Technology Services (NSE:LTTS) Paint A Concerning Picture
Dec 31L&T Technology Services' (NSE:LTTS) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 21Financial Position Analysis
Short Term Liabilities: LTTS's short term assets (₹56.9B) exceed its short term liabilities (₹24.0B).
Long Term Liabilities: LTTS's short term assets (₹56.9B) exceed its long term liabilities (₹5.0B).
Debt to Equity History and Analysis
Debt Level: LTTS has more cash than its total debt.
Reducing Debt: LTTS's debt to equity ratio has increased from 2.4% to 11.5% over the past 5 years.
Debt Coverage: LTTS's debt is well covered by operating cash flow (247.9%).
Interest Coverage: LTTS earns more interest than it pays, so coverage of interest payments is not a concern.