LWS Knitwear Balance Sheet Health
Financial Health criteria checks 3/6
LWS Knitwear has a total shareholder equity of ₹127.1M and total debt of ₹231.4M, which brings its debt-to-equity ratio to 182%. Its total assets and total liabilities are ₹543.7M and ₹416.6M respectively. LWS Knitwear's EBIT is ₹40.6M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹3.5M.
Key information
182.0%
Debt to equity ratio
₹231.39m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹3.45m |
| Equity | ₹127.14m |
| Total liabilities | ₹416.59m |
| Total assets | ₹543.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531402's short term assets (₹503.3M) exceed its short term liabilities (₹234.7M).
Long Term Liabilities: 531402's short term assets (₹503.3M) exceed its long term liabilities (₹181.9M).
Debt to Equity History and Analysis
Debt Level: 531402's net debt to equity ratio (179.3%) is considered high.
Reducing Debt: 531402's debt to equity ratio has increased from 5.4% to 182% over the past 5 years.
Debt Coverage: 531402's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531402's interest payments on its debt are well covered by EBIT (3.1x coverage).