Libas Consumer Products Balance Sheet Health
Financial Health criteria checks 4/6
Libas Consumer Products has a total shareholder equity of ₹784.5M and total debt of ₹159.2M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are ₹988.3M and ₹203.8M respectively. Libas Consumer Products's EBIT is ₹33.7M making its interest coverage ratio 3. It has cash and short-term investments of ₹84.1M.
Key information
20.3%
Debt to equity ratio
₹159.24m
Debt
| Interest coverage ratio | 3x |
| Cash | ₹84.07m |
| Equity | ₹784.54m |
| Total liabilities | ₹203.80m |
| Total assets | ₹988.35m |
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 19
Libas 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 (₹816.2M) exceed its short term liabilities (₹189.4M).
Long Term Liabilities: LIBAS's short term assets (₹816.2M) exceed its long term liabilities (₹14.4M).
Debt to Equity History and Analysis
Debt Level: LIBAS's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: LIBAS's debt to equity ratio has reduced from 56.3% to 20.3% 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 not well covered by EBIT (3x coverage).