Lakhotia Polyesters (India) Balance Sheet Health
Financial Health criteria checks 5/6
Lakhotia Polyesters (India) has a total shareholder equity of ₹87.4M and total debt of ₹53.0M, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are ₹220.9M and ₹133.5M respectively.
Key information
60.6%
Debt to equity ratio
₹52.97m
Debt
Interest coverage ratio | n/a |
Cash | ₹1.37m |
Equity | ₹87.42m |
Total liabilities | ₹133.48m |
Total assets | ₹220.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 535387's short term assets (₹215.0M) exceed its short term liabilities (₹133.2M).
Long Term Liabilities: 535387's short term assets (₹215.0M) exceed its long term liabilities (₹263.0K).
Debt to Equity History and Analysis
Debt Level: 535387's net debt to equity ratio (59%) is considered high.
Reducing Debt: 535387's debt to equity ratio has reduced from 65.6% to 60.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 535387 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 535387 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.4% per year.