Lead Reclaim and Rubber Products Balance Sheet Health
Financial Health criteria checks 4/6
Lead Reclaim and Rubber Products has a total shareholder equity of ₹111.8M and total debt of ₹41.6M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are ₹189.0M and ₹77.2M respectively. Lead Reclaim and Rubber Products's EBIT is ₹10.5M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹12.4M.
Key information
37.2%
Debt to equity ratio
₹41.60m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹12.40m |
| Equity | ₹111.80m |
| Total liabilities | ₹77.20m |
| Total assets | ₹189.00m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LRRPL's short term assets (₹123.6M) exceed its short term liabilities (₹66.9M).
Long Term Liabilities: LRRPL's short term assets (₹123.6M) exceed its long term liabilities (₹10.3M).
Debt to Equity History and Analysis
Debt Level: LRRPL's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LRRPL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LRRPL's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: LRRPL's interest payments on its debt are well covered by EBIT (3.6x coverage).