L&T Finance Balance Sheet Health
Financial Health criteria checks 3/6
L&T Finance has a total shareholder equity of ₹243.6B and total debt of ₹849.1B, which brings its debt-to-equity ratio to 348.6%. Its total assets and total liabilities are ₹1,118.2B and ₹874.6B respectively.
Key information
348.6%
Debt to equity ratio
₹849.12b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹70.94b |
| Equity | ₹243.60b |
| Total liabilities | ₹874.56b |
| Total assets | ₹1.12t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533519's short term assets (₹960.2B) exceed its short term liabilities (₹14.7B).
Long Term Liabilities: 533519's short term assets (₹960.2B) exceed its long term liabilities (₹859.9B).
Debt to Equity History and Analysis
Debt Level: 533519's net debt to equity ratio (319.5%) is considered high.
Reducing Debt: 533519's debt to equity ratio has reduced from 634.1% to 348.6% over the past 5 years.
Debt Coverage: 533519's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 533519's interest payments on its debt are well covered by EBIT.