Ladderup Finance Balance Sheet Health
Financial Health criteria checks 3/6
Ladderup Finance has a total shareholder equity of ₹873.1M and total debt of ₹232.5M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are ₹1.2B and ₹315.1M respectively. Ladderup Finance's EBIT is ₹73.6M making its interest coverage ratio 5.6. It has cash and short-term investments of ₹57.7M.
Key information
26.6%
Debt to equity ratio
₹232.53m
Debt
| Interest coverage ratio | 5.6x |
| Cash | ₹57.74m |
| Equity | ₹873.11m |
| Total liabilities | ₹315.09m |
| Total assets | ₹1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530577's short term assets (₹121.6M) do not cover its short term liabilities (₹254.7M).
Long Term Liabilities: 530577's short term assets (₹121.6M) exceed its long term liabilities (₹60.4M).
Debt to Equity History and Analysis
Debt Level: 530577's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: 530577's debt to equity ratio has increased from 25.2% to 26.6% 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 (5.6x coverage).