Lotus Chocolate Balance Sheet Health
Financial Health criteria checks 5/6
Lotus Chocolate has a total shareholder equity of ₹391.3M and total debt of ₹52.9M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ₹697.7M and ₹306.4M respectively. Lotus Chocolate's EBIT is ₹33.0M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹56.9M.
Key information
13.5%
Debt to equity ratio
₹52.88m
Debt
Interest coverage ratio | 4.1x |
Cash | ₹56.93m |
Equity | ₹391.27m |
Total liabilities | ₹306.43m |
Total assets | ₹697.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523475's short term assets (₹482.7M) exceed its short term liabilities (₹224.0M).
Long Term Liabilities: 523475's short term assets (₹482.7M) exceed its long term liabilities (₹82.5M).
Debt to Equity History and Analysis
Debt Level: 523475 has more cash than its total debt.
Reducing Debt: 523475 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 (4.1x coverage).