LCC Infotech Balance Sheet Health
Financial Health criteria checks 4/6
LCC Infotech has a total shareholder equity of ₹354.3M and total debt of ₹33.1M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are ₹409.7M and ₹55.4M respectively. LCC Infotech's EBIT is ₹3.6M making its interest coverage ratio -18.1. It has cash and short-term investments of ₹2.6M.
Key information
9.3%
Debt to equity ratio
₹33.06m
Debt
Interest coverage ratio | -18.1x |
Cash | ₹2.55m |
Equity | ₹354.28m |
Total liabilities | ₹55.45m |
Total assets | ₹409.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532019's short term assets (₹211.2M) exceed its short term liabilities (₹52.7M).
Long Term Liabilities: 532019's short term assets (₹211.2M) exceed its long term liabilities (₹2.7M).
Debt to Equity History and Analysis
Debt Level: 532019's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: 532019's debt to equity ratio has increased from 2.4% to 9.3% over the past 5 years.
Debt Coverage: 532019's debt is not well covered by operating cash flow (12%).
Interest Coverage: 532019 earns more interest than it pays, so coverage of interest payments is not a concern.