Lancer Container Lines Balance Sheet Health
Financial Health criteria checks 5/6
Lancer Container Lines has a total shareholder equity of ₹3.3B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are ₹5.3B and ₹2.1B respectively. Lancer Container Lines's EBIT is ₹662.2M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹425.5M.
Key information
49.7%
Debt to equity ratio
₹1.62b
Debt
Interest coverage ratio | 5.5x |
Cash | ₹425.54m |
Equity | ₹3.25b |
Total liabilities | ₹2.07b |
Total assets | ₹5.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539841's short term assets (₹1.4B) exceed its short term liabilities (₹569.7M).
Long Term Liabilities: 539841's short term assets (₹1.4B) do not cover its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 539841's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: 539841's debt to equity ratio has reduced from 160.2% to 49.7% over the past 5 years.
Debt Coverage: 539841's debt is well covered by operating cash flow (38.1%).
Interest Coverage: 539841's interest payments on its debt are well covered by EBIT (5.5x coverage).