Landmark Cars Balance Sheet Health
Financial Health criteria checks 2/6
Landmark Cars has a total shareholder equity of ₹5.0B and total debt of ₹6.9B, which brings its debt-to-equity ratio to 138.5%. Its total assets and total liabilities are ₹14.7B and ₹9.7B respectively. Landmark Cars's EBIT is ₹1.3B making its interest coverage ratio 3. It has cash and short-term investments of ₹430.1M.
Key information
138.5%
Debt to equity ratio
₹6.92b
Debt
| Interest coverage ratio | 3x |
| Cash | ₹430.09m |
| Equity | ₹5.00b |
| Total liabilities | ₹9.70b |
| Total assets | ₹14.69b |
Financial Position Analysis
Short Term Liabilities: LANDMARK's short term assets (₹8.6B) exceed its short term liabilities (₹7.2B).
Long Term Liabilities: LANDMARK's short term assets (₹8.6B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: LANDMARK's net debt to equity ratio (129.9%) is considered high.
Reducing Debt: Insufficient data to determine if LANDMARK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LANDMARK's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: LANDMARK's interest payments on its debt are not well covered by EBIT (3x coverage).