Lux Industries Balance Sheet Health
Financial Health criteria checks 6/6
Lux Industries has a total shareholder equity of ₹14.8B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are ₹21.7B and ₹6.9B respectively. Lux Industries's EBIT is ₹1.4B making its interest coverage ratio 8.6. It has cash and short-term investments of ₹1.6B.
Key information
17.3%
Debt to equity ratio
₹2.56b
Debt
| Interest coverage ratio | 8.6x |
| Cash | ₹1.64b |
| Equity | ₹14.77b |
| Total liabilities | ₹6.94b |
| Total assets | ₹21.70b |
Recent financial health updates
Lux Industries (NSE:LUXIND) Seems To Use Debt Quite Sensibly
Mar 06
Is Lux Industries (NSE:LUXIND) A Risky Investment?
Nov 24These 4 Measures Indicate That Lux Industries (NSE:LUXIND) Is Using Debt Safely
Aug 16These 4 Measures Indicate That Lux Industries (NSE:LUXIND) Is Using Debt Safely
Mar 12Is Lux Industries (NSE:LUXIND) Using Too Much Debt?
Nov 23
Recent updates
Lux Industries' (NSE:LUXIND) Returns On Capital Not Reflecting Well On The Business
Apr 27Why Investors Shouldn't Be Surprised By Lux Industries Limited's (NSE:LUXIND) 30% Share Price Surge
Apr 27We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Lux Industries Limited's (NSE:LUXIND) CEO For Now
Sep 23Investors Should Be Encouraged By Lux Industries' (NSE:LUXIND) Returns On Capital
May 06Lux Industries (NSE:LUXIND) Seems To Use Debt Quite Sensibly
Mar 06Is Now The Time To Put Lux Industries (NSE:LUXIND) On Your Watchlist?
Feb 19Lux Industries (NSE:LUXIND) Is Very Good At Capital Allocation
Feb 04Is Lux Industries (NSE:LUXIND) A Risky Investment?
Nov 24Here's Why We Think Lux Industries (NSE:LUXIND) Is Well Worth Watching
Oct 20These 4 Measures Indicate That Lux Industries (NSE:LUXIND) Is Using Debt Safely
Aug 16We Think Lux Industries (NSE:LUXIND) Might Have The DNA Of A Multi-Bagger
Jul 22Do Lux Industries's (NSE:LUXIND) Earnings Warrant Your Attention?
Jun 24Estimating The Intrinsic Value Of Lux Industries Limited (NSE:LUXIND)
May 23The Attractive Combination That Could Earn Lux Industries Limited (NSE:LUXIND) A Place In Your Dividend Portfolio
May 06Lux Industries (NSE:LUXIND) Looks To Prolong Its Impressive Returns
Apr 07These 4 Measures Indicate That Lux Industries (NSE:LUXIND) Is Using Debt Safely
Mar 12Here's What Lux Industries Limited's (NSE:LUXIND) Shareholder Ownership Structure Looks Like
Feb 28Estimating The Intrinsic Value Of Lux Industries Limited (NSE:LUXIND)
Feb 17Here's What We Think About Lux Industries' (NSE:LUXIND) CEO Pay
Feb 06Lux Industries Limited (NSE:LUXIND) Vies For A Place In Your Dividend Portfolio: Here's Why
Jan 26Here's Why We Think Lux Industries (NSE:LUXIND) Is Well Worth Watching
Jan 15Can Lux Industries (NSE:LUXIND) Prolong Its Impressive Returns?
Jan 04Is Lux Industries Limited's (NSE:LUXIND) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Dec 25Introducing Lux Industries (NSE:LUXIND), The Stock That Zoomed 107% In The Last Five Years
Dec 14Lux Industries's (NSE:LUXIND) Earnings Are Growing But Is There More To The Story?
Dec 03Is Lux Industries (NSE:LUXIND) Using Too Much Debt?
Nov 23Financial Position Analysis
Short Term Liabilities: LUXIND's short term assets (₹18.0B) exceed its short term liabilities (₹6.2B).
Long Term Liabilities: LUXIND's short term assets (₹18.0B) exceed its long term liabilities (₹700.5M).
Debt to Equity History and Analysis
Debt Level: LUXIND's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: LUXIND's debt to equity ratio has reduced from 56% to 17.3% over the past 5 years.
Debt Coverage: LUXIND's debt is well covered by operating cash flow (123.4%).
Interest Coverage: LUXIND's interest payments on its debt are well covered by EBIT (8.6x coverage).