Libas Consumer Products Financial Health

Short Term Liabilities: LIBAS's short term assets (₹661.6M) exceed its short term liabilities (₹249.2M).

Long Term Liabilities: LIBAS's short term assets (₹661.6M) exceed its long term liabilities (₹55.5M).

Debt Level: LIBAS's net debt to equity ratio (23.9%) is considered satisfactory.

Reducing Debt: LIBAS's debt to equity ratio has reduced from 53.1% to 37.4% over the past 5 years.

Debt Coverage: LIBAS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: LIBAS's interest payments on its debt are well covered by EBIT (6.2x coverage).

• Healthy companies in the Consumer Durables industry.