Lakshmi Mills Balance Sheet Health
Financial Health criteria checks 2/6
Lakshmi Mills has a total shareholder equity of ₹10.0B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are ₹12.9B and ₹2.9B respectively.
Key information
13.7%
Debt to equity ratio
₹1.37b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹48.70m |
| Equity | ₹10.02b |
| Total liabilities | ₹2.89b |
| Total assets | ₹12.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502958's short term assets (₹682.3M) do not cover its short term liabilities (₹1.2B).
Long Term Liabilities: 502958's short term assets (₹682.3M) do not cover its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: 502958's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: 502958's debt to equity ratio has reduced from 18.6% to 13.7% over the past 5 years.
Debt Coverage: 502958's debt is not well covered by operating cash flow (16%).
Interest Coverage: Insufficient data to determine if 502958's interest payments on its debt are well covered by EBIT.