Ladderup Finance Balance Sheet Health
Financial Health criteria checks 5/6
Ladderup Finance has a total shareholder equity of ₹793.8M and total debt of ₹55.8M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ₹899.5M and ₹105.7M respectively. Ladderup Finance's EBIT is ₹25.4M making its interest coverage ratio 4.8. It has cash and short-term investments of ₹36.4M.
Key information
7.0%
Debt to equity ratio
₹55.84m
Debt
Interest coverage ratio | 4.8x |
Cash | ₹36.45m |
Equity | ₹793.84m |
Total liabilities | ₹105.69m |
Total assets | ₹899.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530577's short term assets (₹116.4M) exceed its short term liabilities (₹60.7M).
Long Term Liabilities: 530577's short term assets (₹116.4M) exceed its long term liabilities (₹45.0M).
Debt to Equity History and Analysis
Debt Level: 530577's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 530577's debt to equity ratio has reduced from 24.1% to 7% 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).