Alkem Laboratories Balance Sheet Health
Financial Health criteria checks 6/6
Alkem Laboratories has a total shareholder equity of ₹119.1B and total debt of ₹12.4B, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are ₹171.2B and ₹52.1B respectively. Alkem Laboratories's EBIT is ₹23.1B making its interest coverage ratio -11.6. It has cash and short-term investments of ₹22.9B.
Key information
10.4%
Debt to equity ratio
₹12.36b
Debt
| Interest coverage ratio | -11.6x |
| Cash | ₹22.89b |
| Equity | ₹119.10b |
| Total liabilities | ₹52.07b |
| Total assets | ₹171.17b |
Recent financial health updates
Is Alkem Laboratories (NSE:ALKEM) Using Too Much Debt?
Sep 03
We Think Alkem Laboratories (NSE:ALKEM) Can Manage Its Debt With Ease
Dec 27Recent updates
Alkem Laboratories Limited Recorded A 5.4% Miss On Revenue: Analysts Are Revisiting Their Models
Nov 16Here's Why We Think Alkem Laboratories (NSE:ALKEM) Is Well Worth Watching
Nov 15What Alkem Laboratories Limited's (NSE:ALKEM) P/E Is Not Telling You
Sep 24Is Alkem Laboratories (NSE:ALKEM) Using Too Much Debt?
Sep 03Earnings Beat: Alkem Laboratories Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 13Alkem Laboratories' (NSE:ALKEM) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 27Alkem Laboratories' (NSE:ALKEM) Dividend Will Be Reduced To ₹5.00
Jul 13Alkem Laboratories' (NSE:ALKEM) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 27Alkem Laboratories (NSE:ALKEM) Has Announced That Its Dividend Will Be Reduced To ₹5.00
Jun 13Alkem Laboratories Limited (NSE:ALKEM) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Jun 01Earnings Tell The Story For Alkem Laboratories Limited (NSE:ALKEM)
May 22Alkem Laboratories Limited (NSE:ALKEM) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 13Investors Appear Satisfied With Alkem Laboratories Limited's (NSE:ALKEM) Prospects
Jan 17We Think Alkem Laboratories (NSE:ALKEM) Can Manage Its Debt With Ease
Dec 27Financial Position Analysis
Short Term Liabilities: ALKEM's short term assets (₹111.1B) exceed its short term liabilities (₹41.8B).
Long Term Liabilities: ALKEM's short term assets (₹111.1B) exceed its long term liabilities (₹10.3B).
Debt to Equity History and Analysis
Debt Level: ALKEM has more cash than its total debt.
Reducing Debt: ALKEM's debt to equity ratio has reduced from 23.5% to 10.4% over the past 5 years.
Debt Coverage: ALKEM's debt is well covered by operating cash flow (158.1%).
Interest Coverage: ALKEM earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 05:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Alkem Laboratories Limited is covered by 35 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Prashant Nair | Ambit Capital |
| Shrikant Akolkar | Angel Broking Private Limited |
| null null | Antique Stockbroking Ltd. |