La Tim Metal & Industries Balance Sheet Health
Financial Health criteria checks 3/6
La Tim Metal & Industries has a total shareholder equity of ₹532.8M and total debt of ₹457.6M, which brings its debt-to-equity ratio to 85.9%. Its total assets and total liabilities are ₹1.3B and ₹718.1M respectively. La Tim Metal & Industries's EBIT is ₹144.9M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹21.8M.
Key information
85.9%
Debt to equity ratio
₹457.62m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹21.77m |
| Equity | ₹532.83m |
| Total liabilities | ₹718.06m |
| Total assets | ₹1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 890191's short term assets (₹1.0B) exceed its short term liabilities (₹349.9M).
Long Term Liabilities: 890191's short term assets (₹1.0B) exceed its long term liabilities (₹368.2M).
Debt to Equity History and Analysis
Debt Level: 890191's net debt to equity ratio (81.8%) is considered high.
Reducing Debt: 890191's debt to equity ratio has reduced from 407.6% to 85.9% over the past 5 years.
Debt Coverage: 890191's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 890191's interest payments on its debt are not well covered by EBIT (2.2x coverage).