Lancer Container Lines Balance Sheet Health
Financial Health criteria checks 5/6
Lancer Container Lines has a total shareholder equity of ₹4.6B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ₹6.2B and ₹1.6B respectively. Lancer Container Lines's EBIT is ₹590.0M making its interest coverage ratio 8.9. It has cash and short-term investments of ₹446.3M.
Key information
22.4%
Debt to equity ratio
₹1.02b
Debt
Interest coverage ratio | 8.9x |
Cash | ₹446.31m |
Equity | ₹4.57b |
Total liabilities | ₹1.63b |
Total assets | ₹6.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539841's short term assets (₹2.0B) exceed its short term liabilities (₹754.1M).
Long Term Liabilities: 539841's short term assets (₹2.0B) exceed its long term liabilities (₹873.7M).
Debt to Equity History and Analysis
Debt Level: 539841's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: 539841's debt to equity ratio has reduced from 111.1% to 22.4% over the past 5 years.
Debt Coverage: 539841's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539841's interest payments on its debt are well covered by EBIT (8.9x coverage).