Laxmi Goldorna House Balance Sheet Health
Financial Health criteria checks 3/6
Laxmi Goldorna House has a total shareholder equity of ₹598.6M and total debt of ₹721.2M, which brings its debt-to-equity ratio to 120.5%. Its total assets and total liabilities are ₹1.4B and ₹779.1M respectively. Laxmi Goldorna House's EBIT is ₹268.4M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹14.2M.
Key information
120.5%
Debt to equity ratio
₹721.24m
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹14.24m |
| Equity | ₹598.59m |
| Total liabilities | ₹779.08m |
| Total assets | ₹1.38b |
Recent financial health updates
Laxmi Goldorna House (NSE:LGHL) Has A Pretty Healthy Balance Sheet
Jul 20
Laxmi Goldorna House (NSE:LGHL) Takes On Some Risk With Its Use Of Debt
Nov 12Recent updates
A Piece Of The Puzzle Missing From Laxmi Goldorna House Limited's (NSE:LGHL) 26% Share Price Climb
Nov 24If EPS Growth Is Important To You, Laxmi Goldorna House (NSE:LGHL) Presents An Opportunity
Sep 26Laxmi Goldorna House (NSE:LGHL) Has A Pretty Healthy Balance Sheet
Jul 20Laxmi Goldorna House's (NSE:LGHL) Solid Profits Have Weak Fundamentals
Jun 03Laxmi Goldorna House Limited's (NSE:LGHL) 27% Jump Shows Its Popularity With Investors
May 24If EPS Growth Is Important To You, Laxmi Goldorna House (NSE:LGHL) Presents An Opportunity
May 23Laxmi Goldorna House Limited (NSE:LGHL) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable
Mar 02If EPS Growth Is Important To You, Laxmi Goldorna House (NSE:LGHL) Presents An Opportunity
Jan 04Laxmi Goldorna House (NSE:LGHL) Takes On Some Risk With Its Use Of Debt
Nov 12Calculating The Fair Value Of Laxmi Goldorna House Limited (NSE:LGHL)
Sep 11A Look At The Fair Value Of Laxmi Goldorna House Limited (NSE:LGHL)
Jun 03Financial Position Analysis
Short Term Liabilities: LGHL's short term assets (₹1.1B) exceed its short term liabilities (₹168.5M).
Long Term Liabilities: LGHL's short term assets (₹1.1B) exceed its long term liabilities (₹610.5M).
Debt to Equity History and Analysis
Debt Level: LGHL's net debt to equity ratio (118.1%) is considered high.
Reducing Debt: LGHL's debt to equity ratio has increased from 84% to 120.5% over the past 5 years.
Debt Coverage: LGHL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LGHL's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:41 |
| 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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Industry and Sector Metrics
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Analyst Sources
Laxmi Goldorna House Limited is covered by 0 analysts. 0 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 |
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