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
Recent updates
Lorenzini Apparels' (NSE:LAL) Solid Earnings May Rest On Weak Foundations
Nov 20
Lorenzini Apparels Limited (NSE:LAL) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Oct 20Subdued Growth No Barrier To Lorenzini Apparels Limited (NSE:LAL) With Shares Advancing 27%
Sep 05Does Lorenzini Apparels (NSE:LAL) Have A Healthy Balance Sheet?
Aug 13Lorenzini Apparels Limited's (NSE:LAL) P/E Is On The Mark
Jul 12Lorenzini Apparels Limited's (NSE:LAL) 81% Share Price Surge Not Quite Adding Up
Feb 04Financial Position Analysis
Short Term Liabilities: LAL's short term assets (₹843.0M) exceed its short term liabilities (₹269.7M).
Long Term Liabilities: LAL's short term assets (₹843.0M) exceed its long term liabilities (₹70.7M).
Debt to Equity History and Analysis
Debt Level: LAL has more cash than its total debt.
Reducing Debt: LAL's debt to equity ratio has reduced from 27% to 20.3% over the past 5 years.
Debt Coverage: LAL's debt is well covered by operating cash flow (114.4%).
Interest Coverage: LAL's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lorenzini Apparels Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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