Lykis Balance Sheet Health
Financial Health criteria checks 3/6
Lykis has a total shareholder equity of ₹314.8M and total debt of ₹846.2M, which brings its debt-to-equity ratio to 268.8%. Its total assets and total liabilities are ₹1.4B and ₹1.1B respectively. Lykis's EBIT is ₹78.6M making its interest coverage ratio 1. It has cash and short-term investments of ₹70.2M.
Key information
268.8%
Debt to equity ratio
₹846.24m
Debt
Interest coverage ratio | 1x |
Cash | ₹70.23m |
Equity | ₹314.84m |
Total liabilities | ₹1.10b |
Total assets | ₹1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530689's short term assets (₹1.3B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 530689's short term assets (₹1.3B) exceed its long term liabilities (₹40.3M).
Debt to Equity History and Analysis
Debt Level: 530689's net debt to equity ratio (246.5%) is considered high.
Reducing Debt: 530689's debt to equity ratio has increased from 234.1% to 268.8% over the past 5 years.
Debt Coverage: 530689's debt is well covered by operating cash flow (78.4%).
Interest Coverage: 530689's interest payments on its debt are not well covered by EBIT (1x coverage).