Landmark Cars Balance Sheet Health
Financial Health criteria checks 4/6
Landmark Cars has a total shareholder equity of ₹5.4B and total debt of ₹5.9B, which brings its debt-to-equity ratio to 108.3%. Its total assets and total liabilities are ₹18.1B and ₹12.7B respectively. Landmark Cars's EBIT is ₹1.1B making its interest coverage ratio 1.9. It has cash and short-term investments of ₹468.8M.
Key information
108.3%
Debt to equity ratio
₹5.87b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹468.83m |
| Equity | ₹5.42b |
| Total liabilities | ₹12.66b |
| Total assets | ₹18.07b |
Recent financial health updates
We Think Landmark Cars (NSE:LANDMARK) Is Taking Some Risk With Its Debt
May 28
Does Landmark Cars (NSE:LANDMARK) Have A Healthy Balance Sheet?
Feb 14Recent updates
Revenue Beat: Landmark Cars Limited Exceeded Revenue Forecasts By 5.8% And Analysts Are Updating Their Estimates
Nov 14Landmark Cars' (NSE:LANDMARK) Dividend Is Being Reduced To ₹1.50
Sep 11We Think Landmark Cars (NSE:LANDMARK) Is Taking Some Risk With Its Debt
May 28Are Landmark Cars Limited (NSE:LANDMARK) Investors Paying Above The Intrinsic Value?
Apr 03Does Landmark Cars (NSE:LANDMARK) Have A Healthy Balance Sheet?
Feb 14Financial Position Analysis
Short Term Liabilities: LANDMARK's short term assets (₹10.2B) exceed its short term liabilities (₹9.4B).
Long Term Liabilities: LANDMARK's short term assets (₹10.2B) exceed its long term liabilities (₹3.3B).
Debt to Equity History and Analysis
Debt Level: LANDMARK's net debt to equity ratio (99.6%) is considered high.
Reducing Debt: LANDMARK's debt to equity ratio has reduced from 233.2% to 108.3% over the past 5 years.
Debt Coverage: LANDMARK's debt is well covered by operating cash flow (28.2%).
Interest Coverage: LANDMARK's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:03 |
| End of Day Share Price | 2025/01/02 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Landmark Cars Limited is covered by 5 analysts. 2 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 |
|---|---|
| Nishit Jalan | Axis Capital Limited |
| null null | Axis Capital Limited |
| Amar Gaur | Axis Capital Limited |