Lambodhara Textiles Balance Sheet Health
Financial Health criteria checks 6/6
Lambodhara Textiles has a total shareholder equity of ₹1.1B and total debt of ₹582.3M, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are ₹2.0B and ₹872.7M respectively. Lambodhara Textiles's EBIT is ₹83.0M making its interest coverage ratio -4.8. It has cash and short-term investments of ₹371.5M.
Key information
53.6%
Debt to equity ratio
₹582.27m
Debt
Interest coverage ratio | -4.8x |
Cash | ₹371.49m |
Equity | ₹1.09b |
Total liabilities | ₹872.74m |
Total assets | ₹1.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590075's short term assets (₹794.3M) exceed its short term liabilities (₹265.0M).
Long Term Liabilities: 590075's short term assets (₹794.3M) exceed its long term liabilities (₹607.8M).
Debt to Equity History and Analysis
Debt Level: 590075's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 590075's debt to equity ratio has reduced from 87.8% to 53.6% over the past 5 years.
Debt Coverage: 590075's debt is well covered by operating cash flow (53.5%).
Interest Coverage: 590075 earns more interest than it pays, so coverage of interest payments is not a concern.