LT Foods Balance Sheet Health
Financial Health criteria checks 6/6
LT Foods has a total shareholder equity of ₹31.1B and total debt of ₹9.8B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are ₹47.6B and ₹16.5B respectively. LT Foods's EBIT is ₹7.8B making its interest coverage ratio 12.3. It has cash and short-term investments of ₹1.5B.
Key information
31.5%
Debt to equity ratio
₹9.80b
Debt
Interest coverage ratio | 12.3x |
Cash | ₹1.46b |
Equity | ₹31.09b |
Total liabilities | ₹16.53b |
Total assets | ₹47.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532783's short term assets (₹33.1B) exceed its short term liabilities (₹14.0B).
Long Term Liabilities: 532783's short term assets (₹33.1B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: 532783's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: 532783's debt to equity ratio has reduced from 103.4% to 31.5% over the past 5 years.
Debt Coverage: 532783's debt is well covered by operating cash flow (67%).
Interest Coverage: 532783's interest payments on its debt are well covered by EBIT (12.3x coverage).