Lancor Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Lancor Holdings has a total shareholder equity of ₹1.3B and total debt of ₹924.7M, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are ₹3.0B and ₹1.7B respectively. Lancor Holdings's EBIT is ₹180.2M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹19.9M.
Key information
69.4%
Debt to equity ratio
₹924.67m
Debt
Interest coverage ratio | 1.4x |
Cash | ₹19.85m |
Equity | ₹1.33b |
Total liabilities | ₹1.72b |
Total assets | ₹3.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509048's short term assets (₹2.3B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 509048's short term assets (₹2.3B) exceed its long term liabilities (₹326.7M).
Debt to Equity History and Analysis
Debt Level: 509048's net debt to equity ratio (67.9%) is considered high.
Reducing Debt: 509048's debt to equity ratio has reduced from 97.2% to 69.4% over the past 5 years.
Debt Coverage: 509048's debt is well covered by operating cash flow (67%).
Interest Coverage: 509048's interest payments on its debt are not well covered by EBIT (1.4x coverage).