Lyka Labs Balance Sheet Health
Financial Health criteria checks 2/6
Lyka Labs has a total shareholder equity of ₹682.4M and total debt of ₹540.6M, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are ₹1.5B and ₹836.1M respectively. Lyka Labs's EBIT is ₹36.7M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹41.8M.
Key information
79.2%
Debt to equity ratio
₹540.63m
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₹41.81m |
| Equity | ₹682.39m |
| Total liabilities | ₹836.15m |
| Total assets | ₹1.52b |
Recent financial health updates
We Think Lyka Labs (NSE:LYKALABS) Has A Fair Chunk Of Debt
Nov 21
These 4 Measures Indicate That Lyka Labs (NSE:LYKALABS) Is Using Debt Extensively
Jun 08Is Lyka Labs (NSE:LYKALABS) A Risky Investment?
Jun 11These 4 Measures Indicate That Lyka Labs (NSE:LYKALABS) Is Using Debt Reasonably Well
Feb 21These 4 Measures Indicate That Lyka Labs (NSE:LYKALABS) Is Using Debt Reasonably Well
Nov 03Recent updates
Getting In Cheap On Lyka Labs Limited (NSE:LYKALABS) Is Unlikely
Apr 10Subdued Growth No Barrier To Lyka Labs Limited's (NSE:LYKALABS) Price
Jan 05We Think Lyka Labs (NSE:LYKALABS) Has A Fair Chunk Of Debt
Nov 21These 4 Measures Indicate That Lyka Labs (NSE:LYKALABS) Is Using Debt Extensively
Jun 08A Look At The Fair Value Of Lyka Labs Limited (NSE:LYKALABS)
Mar 15Unpleasant Surprises Could Be In Store For Lyka Labs Limited's (NSE:LYKALABS) Shares
Aug 25Is Lyka Labs (NSE:LYKALABS) A Risky Investment?
Jun 11These 4 Measures Indicate That Lyka Labs (NSE:LYKALABS) Is Using Debt Reasonably Well
Feb 21Statutory Profit Doesn't Reflect How Good Lyka Labs' (NSE:LYKALABS) Earnings Are
Nov 05These 4 Measures Indicate That Lyka Labs (NSE:LYKALABS) Is Using Debt Reasonably Well
Nov 03Financial Position Analysis
Short Term Liabilities: LYKALABS's short term assets (₹469.9M) exceed its short term liabilities (₹302.1M).
Long Term Liabilities: LYKALABS's short term assets (₹469.9M) do not cover its long term liabilities (₹534.0M).
Debt to Equity History and Analysis
Debt Level: LYKALABS's net debt to equity ratio (73.1%) is considered high.
Reducing Debt: LYKALABS's debt to equity ratio has reduced from 213.1% to 79.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LYKALABS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LYKALABS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.2% each year