Lotus Chocolate Balance Sheet Health
Financial Health criteria checks 4/6
Lotus Chocolate has a total shareholder equity of ₹545.2M and total debt of ₹603.8M, which brings its debt-to-equity ratio to 110.7%. Its total assets and total liabilities are ₹1.6B and ₹1.1B respectively. Lotus Chocolate's EBIT is ₹212.7M making its interest coverage ratio 10.8. It has cash and short-term investments of ₹26.1M.
Key information
110.7%
Debt to equity ratio
₹603.77m
Debt
| Interest coverage ratio | 10.8x |
| Cash | ₹26.11m |
| Equity | ₹545.17m |
| Total liabilities | ₹1.06b |
| Total assets | ₹1.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523475's short term assets (₹1.3B) exceed its short term liabilities (₹969.6M).
Long Term Liabilities: 523475's short term assets (₹1.3B) exceed its long term liabilities (₹88.9M).
Debt to Equity History and Analysis
Debt Level: 523475's net debt to equity ratio (106%) is considered high.
Reducing Debt: 523475's debt to equity ratio has reduced from 76858.6% to 110.7% over the past 5 years.
Debt Coverage: 523475's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 523475's interest payments on its debt are well covered by EBIT (10.8x coverage).