Libas Consumer Products Balance Sheet Health
Financial Health criteria checks 5/6
Libas Consumer Products has a total shareholder equity of ₹729.0M and total debt of ₹141.7M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are ₹1.1B and ₹326.2M respectively. Libas Consumer Products's EBIT is ₹28.6M making its interest coverage ratio 25. It has cash and short-term investments of ₹94.8M.
Key information
19.4%
Debt to equity ratio
₹141.73m
Debt
Interest coverage ratio | 25x |
Cash | ₹94.82m |
Equity | ₹728.98m |
Total liabilities | ₹326.16m |
Total assets | ₹1.06b |
Recent financial health updates
No updates
Recent updates
Libas Consumer Products Limited (NSE:LIBAS) Held Back By Insufficient Growth Even After Shares Climb 27%
Feb 19Libas Consumer Products' (NSE:LIBAS) Profits Appear To Have Quality Issues
Nov 23Calculating The Intrinsic Value Of Libas Consumer Products Limited (NSE:LIBAS)
May 19Estimating The Intrinsic Value Of Libas Consumer Products Limited (NSE:LIBAS)
Dec 20Financial Position Analysis
Short Term Liabilities: LIBAS's short term assets (₹871.5M) exceed its short term liabilities (₹310.6M).
Long Term Liabilities: LIBAS's short term assets (₹871.5M) exceed its long term liabilities (₹15.6M).
Debt to Equity History and Analysis
Debt Level: LIBAS's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: LIBAS's debt to equity ratio has reduced from 55.7% to 19.4% 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 (25x coverage).