JK Lakshmi Cement Balance Sheet Health
Financial Health criteria checks 3/6
JK Lakshmi Cement has a total shareholder equity of ₹34.4B and total debt of ₹22.0B, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are ₹77.2B and ₹42.8B respectively. JK Lakshmi Cement's EBIT is ₹6.7B making its interest coverage ratio 5.9. It has cash and short-term investments of ₹4.1B.
Key information
63.9%
Debt to equity ratio
₹21.99b
Debt
| Interest coverage ratio | 5.9x |
| Cash | ₹4.06b |
| Equity | ₹34.39b |
| Total liabilities | ₹42.79b |
| Total assets | ₹77.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500380's short term assets (₹16.2B) do not cover its short term liabilities (₹18.4B).
Long Term Liabilities: 500380's short term assets (₹16.2B) do not cover its long term liabilities (₹24.4B).
Debt to Equity History and Analysis
Debt Level: 500380's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: 500380's debt to equity ratio has reduced from 100.5% to 63.9% over the past 5 years.
Debt Coverage: 500380's debt is well covered by operating cash flow (30.9%).
Interest Coverage: 500380's interest payments on its debt are well covered by EBIT (5.9x coverage).