Lux Industries Balance Sheet Health
Financial Health criteria checks 6/6
Lux Industries has a total shareholder equity of ₹15.5B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ₹21.9B and ₹6.4B respectively. Lux Industries's EBIT is ₹1.9B making its interest coverage ratio 9.9. It has cash and short-term investments of ₹2.6B.
Key information
13.6%
Debt to equity ratio
₹2.11b
Debt
| Interest coverage ratio | 9.9x |
| Cash | ₹2.59b |
| Equity | ₹15.52b |
| Total liabilities | ₹6.37b |
| Total assets | ₹21.89b |
Recent financial health updates
These 4 Measures Indicate That Lux Industries (NSE:LUXIND) Is Using Debt Reasonably Well
Aug 01
Lux Industries (NSE:LUXIND) Seems To Use Debt Quite Sensibly
Mar 06Is 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) May Have Issues Allocating Its Capital
Sep 12These 4 Measures Indicate That Lux Industries (NSE:LUXIND) Is Using Debt Reasonably Well
Aug 01Investors Appear Satisfied With Lux Industries Limited's (NSE:LUXIND) Prospects As Shares Rocket 25%
Jul 14Lux 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 (₹18.2B) exceed its short term liabilities (₹6.0B).
Long Term Liabilities: LUXIND's short term assets (₹18.2B) exceed its long term liabilities (₹355.2M).
Debt to Equity History and Analysis
Debt Level: LUXIND has more cash than its total debt.
Reducing Debt: LUXIND's debt to equity ratio has reduced from 43.2% to 13.6% over the past 5 years.
Debt Coverage: LUXIND's debt is well covered by operating cash flow (113.6%).
Interest Coverage: LUXIND's interest payments on its debt are well covered by EBIT (9.9x coverage).