L&T Technology Services Balance Sheet Health
Financial Health criteria checks 6/6
L&T Technology Services has a total shareholder equity of ₹56.4B and total debt of ₹6.4B, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are ₹86.5B and ₹30.1B respectively. L&T Technology Services's EBIT is ₹16.2B making its interest coverage ratio -58.2. It has cash and short-term investments of ₹26.7B.
Key information
11.4%
Debt to equity ratio
₹6.44b
Debt
| Interest coverage ratio | -58.2x |
| Cash | ₹26.66b |
| Equity | ₹56.41b |
| Total liabilities | ₹30.06b |
| Total assets | ₹86.47b |
Recent financial health updates
Recent updates
Analysts Are Updating Their L&T Technology Services Limited (NSE:LTTS) Estimates After Its Third-Quarter Results
Jan 18
Capital Investments At L&T Technology Services (NSE:LTTS) Point To A Promising Future
Dec 05Should You Be Adding L&T Technology Services (NSE:LTTS) To Your Watchlist Today?
Nov 20L&T Technology Services (NSE:LTTS) Has Affirmed Its Dividend Of ₹17.00
Oct 20Analysts Are Updating Their L&T Technology Services Limited (NSE:LTTS) Estimates After Its Second-Quarter Results
Oct 19Investor Optimism Abounds L&T Technology Services Limited (NSE:LTTS) But Growth Is Lacking
Oct 14Is L&T Technology Services (NSE:LTTS) A Risky Investment?
Sep 29Here's What Analysts Are Forecasting For L&T Technology Services Limited (NSE:LTTS) After Its First-Quarter Results
Jul 22Here's Why We Think L&T Technology Services (NSE:LTTS) Is Well Worth Watching
Jul 17Capital Investments At L&T Technology Services (NSE:LTTS) Point To A Promising Future
Jul 02What L&T Technology Services Limited's (NSE:LTTS) P/E Is Not Telling You
May 28L&T Technology Services Limited (NSE:LTTS) Just Reported Earnings, And Analysts Cut Their Target Price
Apr 28With EPS Growth And More, L&T Technology Services (NSE:LTTS) Makes An Interesting Case
Apr 13L&T Technology Services (NSE:LTTS) Looks To Prolong Its Impressive Returns
Mar 01Financial Position Analysis
Short Term Liabilities: LTTS's short term assets (₹64.6B) exceed its short term liabilities (₹24.1B).
Long Term Liabilities: LTTS's short term assets (₹64.6B) exceed its long term liabilities (₹6.0B).
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 reduced from 16.1% to 11.4% over the past 5 years.
Debt Coverage: LTTS's debt is well covered by operating cash flow (201.3%).
Interest Coverage: LTTS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 12:20 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/12/31 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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.
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 Github.
Analyst Sources
L&T Technology Services Limited is covered by 45 analysts. 31 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 |
|---|---|
| Moez Chandani | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| Ashwin Mehta | Ambit Capital |