Dr. Lal PathLabs Balance Sheet Health
Financial Health criteria checks 5/6
Dr. Lal PathLabs has a total shareholder equity of ₹18.9B and total debt of ₹833.3M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are ₹24.6B and ₹5.7B respectively. Dr. Lal PathLabs's EBIT is ₹4.7B making its interest coverage ratio -18. It has cash and short-term investments of ₹9.4B.
Key information
4.4%
Debt to equity ratio
₹833.34m
Debt
Interest coverage ratio | -18x |
Cash | ₹9.43b |
Equity | ₹18.85b |
Total liabilities | ₹5.71b |
Total assets | ₹24.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539524's short term assets (₹11.3B) exceed its short term liabilities (₹4.7B).
Long Term Liabilities: 539524's short term assets (₹11.3B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 539524 has more cash than its total debt.
Reducing Debt: 539524's debt to equity ratio has increased from 0% to 4.4% over the past 5 years.
Debt Coverage: 539524's debt is well covered by operating cash flow (642.4%).
Interest Coverage: 539524 earns more interest than it pays, so coverage of interest payments is not a concern.