Liberty Shoes Balance Sheet Health
Financial Health criteria checks 4/6
Liberty Shoes has a total shareholder equity of ₹2.0B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are ₹4.6B and ₹2.6B respectively. Liberty Shoes's EBIT is ₹221.3M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹34.1M.
Key information
67.8%
Debt to equity ratio
₹1.38b
Debt
Interest coverage ratio | 1.8x |
Cash | ₹34.14m |
Equity | ₹2.04b |
Total liabilities | ₹2.57b |
Total assets | ₹4.61b |
Recent financial health updates
Here's Why Liberty Shoes (NSE:LIBERTSHOE) Has A Meaningful Debt Burden
Mar 28Liberty Shoes (NSE:LIBERTSHOE) Has A Pretty Healthy Balance Sheet
Jun 17Liberty Shoes (NSE:LIBERTSHOE) Seems To Use Debt Quite Sensibly
Dec 26Liberty Shoes (NSE:LIBERTSHOE) Takes On Some Risk With Its Use Of Debt
Jun 21Liberty Shoes (NSE:LIBERTSHOE) Has A Pretty Healthy Balance Sheet
Jan 25These 4 Measures Indicate That Liberty Shoes (NSE:LIBERTSHOE) Is Using Debt Extensively
Feb 15Recent updates
Here's Why Liberty Shoes (NSE:LIBERTSHOE) Has A Meaningful Debt Burden
Mar 28Optimistic Investors Push Liberty Shoes Ltd. (NSE:LIBERTSHOE) Shares Up 32% But Growth Is Lacking
Jan 20A Look At The Intrinsic Value Of Liberty Shoes Ltd. (NSE:LIBERTSHOE)
Oct 18Liberty Shoes Ltd.'s (NSE:LIBERTSHOE) CEO Looks Like They Deserve Their Pay Packet
Sep 24Liberty Shoes (NSE:LIBERTSHOE) Has A Pretty Healthy Balance Sheet
Jun 17We Ran A Stock Scan For Earnings Growth And Liberty Shoes (NSE:LIBERTSHOE) Passed With Ease
Mar 29The Returns On Capital At Liberty Shoes (NSE:LIBERTSHOE) Don't Inspire Confidence
Feb 16Liberty Shoes (NSE:LIBERTSHOE) Seems To Use Debt Quite Sensibly
Dec 26Liberty Shoes' (NSE:LIBERTSHOE) Returns On Capital Not Reflecting Well On The Business
Oct 15We Think Liberty Shoes Ltd.'s (NSE:LIBERTSHOE) CEO Compensation Looks Fair
Sep 24Liberty Shoes (NSE:LIBERTSHOE) Takes On Some Risk With Its Use Of Debt
Jun 21Liberty Shoes (NSE:LIBERTSHOE) Has A Pretty Healthy Balance Sheet
Jan 25Shareholders Will Probably Be Cautious Of Increasing Liberty Shoes Ltd.'s (NSE:LIBERTSHOE) CEO Compensation At The Moment
Sep 21Liberty Shoes (NSE:LIBERTSHOE) May Have Issues Allocating Its Capital
May 31These 4 Measures Indicate That Liberty Shoes (NSE:LIBERTSHOE) Is Using Debt Extensively
Feb 15Returns On Capital At Liberty Shoes (NSE:LIBERTSHOE) Paint An Interesting Picture
Jan 04We Think Liberty Shoes (NSE:LIBERTSHOE) Is Taking Some Risk With Its Debt
Nov 12Liberty Shoes's (NSE:LIBERTSHOE) Earnings Are Growing But Is There More To The Story?
Sep 07Liberty Shoes Limited's (NSE:LIBERTSHOE) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Aug 18Financial Position Analysis
Short Term Liabilities: LIBERTSHOE's short term assets (₹3.0B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: LIBERTSHOE's short term assets (₹3.0B) exceed its long term liabilities (₹902.1M).
Debt to Equity History and Analysis
Debt Level: LIBERTSHOE's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: LIBERTSHOE's debt to equity ratio has reduced from 78.8% to 67.8% over the past 5 years.
Debt Coverage: LIBERTSHOE's debt is well covered by operating cash flow (68.1%).
Interest Coverage: LIBERTSHOE's interest payments on its debt are not well covered by EBIT (1.8x coverage).