La Tim Metal & Industries Balance Sheet Health
Financial Health criteria checks 3/6
La Tim Metal & Industries has a total shareholder equity of ₹303.3M and total debt of ₹633.7M, which brings its debt-to-equity ratio to 208.9%. Its total assets and total liabilities are ₹1.6B and ₹1.3B respectively. La Tim Metal & Industries's EBIT is ₹112.3M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹40.2M.
Key information
208.9%
Debt to equity ratio
₹633.69m
Debt
Interest coverage ratio | 1.8x |
Cash | ₹40.25m |
Equity | ₹303.30m |
Total liabilities | ₹1.29b |
Total assets | ₹1.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505693's short term assets (₹1.4B) exceed its short term liabilities (₹910.1M).
Long Term Liabilities: 505693's short term assets (₹1.4B) exceed its long term liabilities (₹382.3M).
Debt to Equity History and Analysis
Debt Level: 505693's net debt to equity ratio (195.7%) is considered high.
Reducing Debt: 505693's debt to equity ratio has reduced from 318.8% to 208.9% over the past 5 years.
Debt Coverage: 505693's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 505693's interest payments on its debt are not well covered by EBIT (1.8x coverage).