Laxmi Cotspin Balance Sheet Health
Financial Health criteria checks 3/6
Laxmi Cotspin has a total shareholder equity of ₹553.5M and total debt of ₹412.4M, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are ₹1.1B and ₹516.1M respectively.
Key information
74.5%
Debt to equity ratio
₹412.42m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹3.76m |
| Equity | ₹553.54m |
| Total liabilities | ₹516.07m |
| Total assets | ₹1.07b |
Recent financial health updates
Does Laxmi Cotspin (NSE:LAXMICOT) Have A Healthy Balance Sheet?
Jul 30
Is Laxmi Cotspin (NSE:LAXMICOT) A Risky Investment?
Feb 18Is Laxmi Cotspin (NSE:LAXMICOT) Weighed On By Its Debt Load?
Sep 07Laxmi Cotspin (NSE:LAXMICOT) Has A Somewhat Strained Balance Sheet
Dec 26Here's Why Laxmi Cotspin (NSE:LAXMICOT) Is Weighed Down By Its Debt Load
Aug 31We Think Laxmi Cotspin (NSE:LAXMICOT) Can Stay On Top Of Its Debt
Nov 18Recent updates
Laxmi Cotspin Limited's (NSE:LAXMICOT) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Aug 23Does Laxmi Cotspin (NSE:LAXMICOT) Have A Healthy Balance Sheet?
Jul 30Why Investors Shouldn't Be Surprised By Laxmi Cotspin Limited's (NSE:LAXMICOT) Low P/S
Jun 05Is Laxmi Cotspin (NSE:LAXMICOT) A Risky Investment?
Feb 18There's Reason For Concern Over Laxmi Cotspin Limited's (NSE:LAXMICOT) Price
Dec 27Is Laxmi Cotspin (NSE:LAXMICOT) Weighed On By Its Debt Load?
Sep 07Laxmi Cotspin (NSE:LAXMICOT) Has A Somewhat Strained Balance Sheet
Dec 26Here's Why Laxmi Cotspin (NSE:LAXMICOT) Is Weighed Down By Its Debt Load
Aug 31Here's Why We Think Laxmi Cotspin (NSE:LAXMICOT) Might Deserve Your Attention Today
Jul 23We Think Laxmi Cotspin (NSE:LAXMICOT) Can Stay On Top Of Its Debt
Nov 18Sanjay Rathi Is The MD & Director of Laxmi Cotspin Limited (NSE:LAXMICOT) And They Just Picked Up 9.5% More Shares
Feb 27What Does Laxmi Cotspin's (NSE:LAXMICOT) CEO Pay Reveal?
Dec 06
Financial Position Analysis
Short Term Liabilities: LAXMICOT's short term assets (₹651.3M) exceed its short term liabilities (₹428.4M).
Long Term Liabilities: LAXMICOT's short term assets (₹651.3M) exceed its long term liabilities (₹87.7M).
Debt to Equity History and Analysis
Debt Level: LAXMICOT's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: LAXMICOT's debt to equity ratio has reduced from 79.9% to 74.5% over the past 5 years.
Debt Coverage: LAXMICOT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LAXMICOT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 14:36 |
| End of Day Share Price | 2025/01/01 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Laxmi Cotspin 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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