Libas Consumer Products Financial Health
How is Libas Consumer Products's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
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 to Equity History and Analysis
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).