Lakshmi Mills Balance Sheet Health
Financial Health criteria checks 2/6
Lakshmi Mills has a total shareholder equity of ₹8.7B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are ₹11.2B and ₹2.5B respectively.
Key information
16.1%
Debt to equity ratio
₹1.40b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹38.34m |
| Equity | ₹8.69b |
| Total liabilities | ₹2.48b |
| Total assets | ₹11.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502958's short term assets (₹646.4M) do not cover its short term liabilities (₹1.1B).
Long Term Liabilities: 502958's short term assets (₹646.4M) do not cover its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 502958's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 502958's debt to equity ratio has reduced from 19% to 16.1% over the past 5 years.
Debt Coverage: 502958's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: Insufficient data to determine if 502958's interest payments on its debt are well covered by EBIT.