Ladderup Finance Balance Sheet Health
Financial Health criteria checks 5/6
Ladderup Finance has a total shareholder equity of ₹816.9M and total debt of ₹141.5M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are ₹996.7M and ₹179.7M respectively. Ladderup Finance's EBIT is ₹45.9M making its interest coverage ratio 4.8. It has cash and short-term investments of ₹39.4M.
Key information
17.3%
Debt to equity ratio
₹141.48m
Debt
| Interest coverage ratio | 4.8x |
| Cash | ₹39.45m |
| Equity | ₹816.93m |
| Total liabilities | ₹179.74m |
| Total assets | ₹996.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530577's short term assets (₹148.4M) exceed its short term liabilities (₹145.2M).
Long Term Liabilities: 530577's short term assets (₹148.4M) exceed its long term liabilities (₹34.6M).
Debt to Equity History and Analysis
Debt Level: 530577's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 530577's debt to equity ratio has reduced from 42.1% to 17.3% over the past 5 years.
Debt Coverage: 530577's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530577's interest payments on its debt are well covered by EBIT (4.8x coverage).