Lakshmi Finance & Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Lakshmi Finance & Industrial has a total shareholder equity of ₹635.5M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹691.7M and ₹56.2M respectively. Lakshmi Finance & Industrial's EBIT is ₹169.1M making its interest coverage ratio 876. It has cash and short-term investments of ₹43.6M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 876x |
| Cash | ₹43.63m |
| Equity | ₹635.50m |
| Total liabilities | ₹56.24m |
| Total assets | ₹691.74m |
Recent financial health updates
No updates
Recent updates
Earnings Working Against Lakshmi Finance & Industrial Corporation Limited's (NSE:LFIC) Share Price Following 31% Dive
Nov 01
We Think Some Shareholders May Hesitate To Increase Lakshmi Finance & Industrial Corporation Limited's (NSE:LFIC) CEO Compensation
Aug 16Lakshmi Finance & Industrial's (NSE:LFIC) Dividend Will Be Increased To ₹4.00
Aug 01Should Lakshmi Finance & Industrial Corporation Limited (NSE:LFIC) Be Part Of Your Dividend Portfolio?
May 05What Can We Learn About Lakshmi Finance & Industrial's (NSE:LFIC) CEO Compensation?
Feb 28Should You Buy Lakshmi Finance & Industrial Corporation Limited (NSE:LFIC) For Its 2.7% Dividend?
Jan 21
What Can We Conclude About Lakshmi Finance & Industrial's (NSE:LFIC) CEO Pay?
Nov 30Financial Position Analysis
Short Term Liabilities: LFIC's short term assets (₹43.6M) exceed its short term liabilities (₹5.4M).
Long Term Liabilities: LFIC's short term assets (₹43.6M) do not cover its long term liabilities (₹50.9M).
Debt to Equity History and Analysis
Debt Level: LFIC is debt free.
Reducing Debt: LFIC had no debt 5 years ago.
Debt Coverage: LFIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LFIC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:57 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lakshmi Finance & Industrial Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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