Lahoti Overseas Balance Sheet Health
Financial Health criteria checks 4/6
Lahoti Overseas has a total shareholder equity of ₹1.9B and total debt of ₹763.5M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are ₹2.9B and ₹969.1M respectively. Lahoti Overseas's EBIT is ₹56.3M making its interest coverage ratio -2.5. It has cash and short-term investments of ₹145.2M.
Key information
39.4%
Debt to equity ratio
₹763.49m
Debt
| Interest coverage ratio | -2.5x |
| Cash | ₹145.24m |
| Equity | ₹1.94b |
| Total liabilities | ₹969.15m |
| Total assets | ₹2.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531842's short term assets (₹2.2B) exceed its short term liabilities (₹907.0M).
Long Term Liabilities: 531842's short term assets (₹2.2B) exceed its long term liabilities (₹62.2M).
Debt to Equity History and Analysis
Debt Level: 531842's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: 531842's debt to equity ratio has increased from 14.6% to 39.4% over the past 5 years.
Debt Coverage: 531842's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531842 earns more interest than it pays, so coverage of interest payments is not a concern.