Landmark Cars Balance Sheet Health
Financial Health criteria checks 3/6
Landmark Cars has a total shareholder equity of ₹5.4B and total debt of ₹4.6B, which brings its debt-to-equity ratio to 85.2%. Its total assets and total liabilities are ₹15.5B and ₹10.1B respectively. Landmark Cars's EBIT is ₹1.2B making its interest coverage ratio 2.2. It has cash and short-term investments of ₹319.1M.
Key information
85.2%
Debt to equity ratio
₹4.62b
Debt
Interest coverage ratio | 2.2x |
Cash | ₹319.12m |
Equity | ₹5.42b |
Total liabilities | ₹10.09b |
Total assets | ₹15.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543714's short term assets (₹9.0B) exceed its short term liabilities (₹7.1B).
Long Term Liabilities: 543714's short term assets (₹9.0B) exceed its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: 543714's net debt to equity ratio (79.4%) is considered high.
Reducing Debt: 543714's debt to equity ratio has reduced from 253.4% to 85.2% over the past 5 years.
Debt Coverage: 543714's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 543714's interest payments on its debt are not well covered by EBIT (2.2x coverage).