Dr Lalchandani Labs Balance Sheet Health
Financial Health criteria checks 2/6
Dr Lalchandani Labs has a total shareholder equity of ₹88.3M and total debt of ₹62.9M, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are ₹171.5M and ₹83.2M respectively.
Key information
71.2%
Debt to equity ratio
₹62.94m
Debt
Interest coverage ratio | n/a |
Cash | ₹24.08m |
Equity | ₹88.34m |
Total liabilities | ₹83.18m |
Total assets | ₹171.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541299's short term assets (₹107.8M) exceed its short term liabilities (₹50.6M).
Long Term Liabilities: 541299's short term assets (₹107.8M) exceed its long term liabilities (₹32.5M).
Debt to Equity History and Analysis
Debt Level: 541299's net debt to equity ratio (44%) is considered high.
Reducing Debt: 541299's debt to equity ratio has increased from 7.9% to 71.2% over the past 5 years.
Debt Coverage: 541299's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 541299's interest payments on its debt are well covered by EBIT.