La Tim Metal & Industries Balance Sheet Health
Financial Health criteria checks 3/6
La Tim Metal & Industries has a total shareholder equity of ₹755.0M and total debt of ₹368.5M, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are ₹1.5B and ₹723.2M respectively. La Tim Metal & Industries's EBIT is ₹117.3M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹25.6M.
Key information
48.8%
Debt to equity ratio
₹368.49m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹25.64m |
| Equity | ₹754.95m |
| Total liabilities | ₹723.22m |
| Total assets | ₹1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505693's short term assets (₹1.3B) exceed its short term liabilities (₹362.9M).
Long Term Liabilities: 505693's short term assets (₹1.3B) exceed its long term liabilities (₹360.3M).
Debt to Equity History and Analysis
Debt Level: 505693's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: 505693's debt to equity ratio has reduced from 845.4% to 48.8% 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 (2.4x coverage).