Libord Finance Balance Sheet Health
Financial Health criteria checks 2/6
Libord Finance has a total shareholder equity of ₹183.0M and total debt of ₹82.7M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are ₹271.8M and ₹88.9M respectively. Libord Finance's EBIT is ₹7.0M making its interest coverage ratio 2. It has cash and short-term investments of ₹9.4M.
Key information
45.2%
Debt to equity ratio
₹82.71m
Debt
| Interest coverage ratio | 2x |
| Cash | ₹9.38m |
| Equity | ₹182.96m |
| Total liabilities | ₹88.85m |
| Total assets | ₹271.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511593's short term assets (₹180.1M) exceed its short term liabilities (₹84.0M).
Long Term Liabilities: 511593's short term assets (₹180.1M) exceed its long term liabilities (₹4.9M).
Debt to Equity History and Analysis
Debt Level: 511593's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: 511593's debt to equity ratio has increased from 0% to 45.2% over the past 5 years.
Debt Coverage: 511593's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 511593's interest payments on its debt are not well covered by EBIT (2x coverage).