Lorenzini Apparels Balance Sheet Health
Financial Health criteria checks 6/6
Lorenzini Apparels has a total shareholder equity of ₹557.6M and total debt of ₹112.9M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are ₹898.0M and ₹340.4M respectively. Lorenzini Apparels's EBIT is ₹214.0M making its interest coverage ratio 12.6. It has cash and short-term investments of ₹357.1M.
Key information
20.3%
Debt to equity ratio
₹112.92m
Debt
| Interest coverage ratio | 12.6x |
| Cash | ₹357.15m |
| Equity | ₹557.62m |
| Total liabilities | ₹340.39m |
| Total assets | ₹898.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540952's short term assets (₹843.0M) exceed its short term liabilities (₹269.7M).
Long Term Liabilities: 540952's short term assets (₹843.0M) exceed its long term liabilities (₹70.7M).
Debt to Equity History and Analysis
Debt Level: 540952 has more cash than its total debt.
Reducing Debt: 540952's debt to equity ratio has reduced from 27% to 20.3% over the past 5 years.
Debt Coverage: 540952's debt is well covered by operating cash flow (114.4%).
Interest Coverage: 540952's interest payments on its debt are well covered by EBIT (12.6x coverage).