Larsen & Toubro Balance Sheet Health
Financial Health criteria checks 4/6
Larsen & Toubro has a total shareholder equity of ₹1,059.8B and total debt of ₹1,235.7B, which brings its debt-to-equity ratio to 116.6%. Its total assets and total liabilities are ₹3,566.1B and ₹2,506.3B respectively. Larsen & Toubro's EBIT is ₹248.4B making its interest coverage ratio 7. It has cash and short-term investments of ₹554.4B.
Key information
116.6%
Debt to equity ratio
₹1.24t
Debt
| Interest coverage ratio | 7x |
| Cash | ₹554.39b |
| Equity | ₹1.06t |
| Total liabilities | ₹2.51t |
| Total assets | ₹3.57t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LS&TB's short term assets (₹2,290.7B) exceed its short term liabilities (₹1,953.3B).
Long Term Liabilities: LS&TB's short term assets (₹2,290.7B) exceed its long term liabilities (₹553.0B).
Debt to Equity History and Analysis
Debt Level: LS&TB's net debt to equity ratio (64.3%) is considered high.
Reducing Debt: LS&TB's debt to equity ratio has reduced from 183.7% to 116.6% over the past 5 years.
Debt Coverage: LS&TB's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: LS&TB's interest payments on its debt are well covered by EBIT (7x coverage).