Lead Reclaim and Rubber Products Balance Sheet Health
Financial Health criteria checks 3/6
Lead Reclaim and Rubber Products has a total shareholder equity of ₹116.7M and total debt of ₹56.7M, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are ₹197.6M and ₹80.9M respectively. Lead Reclaim and Rubber Products's EBIT is ₹15.8M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹2.8M.
Key information
48.6%
Debt to equity ratio
₹56.70m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹2.80m |
| Equity | ₹116.70m |
| Total liabilities | ₹80.90m |
| Total assets | ₹197.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LRRPL's short term assets (₹125.5M) exceed its short term liabilities (₹55.8M).
Long Term Liabilities: LRRPL's short term assets (₹125.5M) exceed its long term liabilities (₹25.1M).
Debt to Equity History and Analysis
Debt Level: LRRPL's net debt to equity ratio (46.2%) is considered high.
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 (10.8%).
Interest Coverage: LRRPL's interest payments on its debt are well covered by EBIT (4.1x coverage).