Lakshmi Mills Balance Sheet Health
Financial Health criteria checks 1/6
Lakshmi Mills has a total shareholder equity of ₹8.5B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are ₹10.9B and ₹2.5B respectively.
Key information
16.4%
Debt to equity ratio
₹1.39b
Debt
Interest coverage ratio | n/a |
Cash | ₹104.43m |
Equity | ₹8.47b |
Total liabilities | ₹2.46b |
Total assets | ₹10.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502958's short term assets (₹735.3M) do not cover its short term liabilities (₹1.0B).
Long Term Liabilities: 502958's short term assets (₹735.3M) do not cover its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 502958's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 502958's debt to equity ratio has increased from 13.5% to 16.4% over the past 5 years.
Debt Coverage: 502958's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: Insufficient data to determine if 502958's interest payments on its debt are well covered by EBIT.