Ludlow Jute & Specialities Balance Sheet Health
Financial Health criteria checks 3/6
Ludlow Jute & Specialities has a total shareholder equity of ₹1.7B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are ₹3.5B and ₹1.7B respectively.
Key information
64.7%
Debt to equity ratio
₹1.11b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹11.30m |
| Equity | ₹1.72b |
| Total liabilities | ₹1.74b |
| Total assets | ₹3.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526179's short term assets (₹1.5B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 526179's short term assets (₹1.5B) exceed its long term liabilities (₹315.0M).
Debt to Equity History and Analysis
Debt Level: 526179's net debt to equity ratio (64.1%) is considered high.
Reducing Debt: 526179's debt to equity ratio has increased from 45.2% to 64.7% over the past 5 years.
Debt Coverage: 526179's debt is well covered by operating cash flow (30.7%).
Interest Coverage: Insufficient data to determine if 526179's interest payments on its debt are well covered by EBIT.