Lupin Balance Sheet Health
Financial Health criteria checks 6/6
Lupin has a total shareholder equity of ₹133.1B and total debt of ₹37.8B, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are ₹234.4B and ₹101.4B respectively. Lupin's EBIT is ₹24.2B making its interest coverage ratio 10.1. It has cash and short-term investments of ₹17.3B.
Key information
28.4%
Debt to equity ratio
₹37.85b
Debt
Interest coverage ratio | 10.1x |
Cash | ₹17.33b |
Equity | ₹133.07b |
Total liabilities | ₹101.37b |
Total assets | ₹234.44b |
Recent financial health updates
Here's Why Lupin (NSE:LUPIN) Can Manage Its Debt Responsibly
Mar 03Is Lupin (NSE:LUPIN) Using Too Much Debt?
Nov 10Is Lupin (NSE:LUPIN) Using Too Much Debt?
Jun 23Here's Why Lupin (NSE:LUPIN) Can Manage Its Debt Responsibly
Mar 24Lupin (NSE:LUPIN) Could Easily Take On More Debt
Jan 22Does Lupin (NSE:LUPIN) Have A Healthy Balance Sheet?
Sep 16Recent updates
Investor Optimism Abounds Lupin Limited (NSE:LUPIN) But Growth Is Lacking
Apr 20Here's Why Lupin (NSE:LUPIN) Can Manage Its Debt Responsibly
Mar 03Earnings Beat: Lupin Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 10Lupin Limited's (NSE:LUPIN) Share Price Could Signal Some Risk
Jan 19Is Lupin (NSE:LUPIN) Using Too Much Debt?
Nov 10Is Lupin (NSE:LUPIN) Using Too Much Debt?
Jun 23Here's Why Lupin (NSE:LUPIN) Can Manage Its Debt Responsibly
Mar 24Lupin's (NSE:LUPIN) Dividend Is Being Reduced To ₹4.00
Jul 08Is Lupin Limited (NSE:LUPIN) Worth ₹756 Based On Its Intrinsic Value?
Mar 27Lupin (NSE:LUPIN) Could Easily Take On More Debt
Jan 22Does Lupin (NSE:LUPIN) Have A Healthy Balance Sheet?
Sep 16Financial Position Analysis
Short Term Liabilities: LUPIN's short term assets (₹125.9B) exceed its short term liabilities (₹89.2B).
Long Term Liabilities: LUPIN's short term assets (₹125.9B) exceed its long term liabilities (₹12.2B).
Debt to Equity History and Analysis
Debt Level: LUPIN's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: LUPIN's debt to equity ratio has reduced from 62.8% to 28.4% over the past 5 years.
Debt Coverage: LUPIN's debt is well covered by operating cash flow (90.1%).
Interest Coverage: LUPIN's interest payments on its debt are well covered by EBIT (10.1x coverage).