LIC Housing Finance Balance Sheet Health
Financial Health criteria checks 3/6
LIC Housing Finance has a total shareholder equity of ₹314.8B and total debt of ₹2,426.0B, which brings its debt-to-equity ratio to 770.6%. Its total assets and total liabilities are ₹2,913.3B and ₹2,598.5B respectively.
Key information
770.6%
Debt to equity ratio
₹2.43t
Debt
Interest coverage ratio | n/a |
Cash | ₹16.55b |
Equity | ₹314.80b |
Total liabilities | ₹2.60t |
Total assets | ₹2.91t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LICHS's short term assets (₹2,826.2B) exceed its short term liabilities (₹104.8B).
Long Term Liabilities: LICHS's short term assets (₹2,826.2B) exceed its long term liabilities (₹2,493.7B).
Debt to Equity History and Analysis
Debt Level: LICHS's net debt to equity ratio (765.4%) is considered high.
Reducing Debt: LICHS's debt to equity ratio has reduced from 1040.4% to 770.6% over the past 5 years.
Debt Coverage: LICHS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LICHS's interest payments on its debt are well covered by EBIT.