L&T Finance Balance Sheet Health
Financial Health criteria checks 3/6
L&T Finance has a total shareholder equity of ₹235.3B and total debt of ₹765.4B, which brings its debt-to-equity ratio to 325.3%. Its total assets and total liabilities are ₹1,027.2B and ₹791.9B respectively.
Key information
325.3%
Debt to equity ratio
₹765.41b
Debt
Interest coverage ratio | n/a |
Cash | ₹48.62b |
Equity | ₹235.28b |
Total liabilities | ₹791.90b |
Total assets | ₹1.03t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533519's short term assets (₹871.0B) exceed its short term liabilities (₹14.7B).
Long Term Liabilities: 533519's short term assets (₹871.0B) exceed its long term liabilities (₹777.2B).
Debt to Equity History and Analysis
Debt Level: 533519's net debt to equity ratio (304.7%) is considered high.
Reducing Debt: 533519's debt to equity ratio has reduced from 670.8% to 325.3% over the past 5 years.
Debt Coverage: 533519's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: Insufficient data to determine if 533519's interest payments on its debt are well covered by EBIT.