Varroc Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Varroc Engineering has a total shareholder equity of ₹10.7B and total debt of ₹14.4B, which brings its debt-to-equity ratio to 135.3%. Its total assets and total liabilities are ₹43.5B and ₹32.8B respectively. Varroc Engineering's EBIT is ₹3.7B making its interest coverage ratio 2. It has cash and short-term investments of ₹2.5B.
Key information
135.3%
Debt to equity ratio
₹14.42b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹2.54b |
| Equity | ₹10.66b |
| Total liabilities | ₹32.83b |
| Total assets | ₹43.49b |
Recent financial health updates
Varroc Engineering (NSE:VARROC) Seems To Use Debt Quite Sensibly
Mar 12
Varroc Engineering (NSE:VARROC) Has A Pretty Healthy Balance Sheet
Dec 09Varroc Engineering (NSE:VARROC) Seems To Use Debt Quite Sensibly
Aug 11Varroc Engineering (NSE:VARROC) Seems To Be Using A Lot Of Debt
Sep 29Here's Why Varroc Engineering (NSE:VARROC) Is Weighed Down By Its Debt Load
Jun 20Is Varroc Engineering (NSE:VARROC) A Risky Investment?
Mar 15Recent updates
Varroc Engineering (NSE:VARROC) Seems To Use Debt Quite Sensibly
Mar 12Cautious Investors Not Rewarding Varroc Engineering Limited's (NSE:VARROC) Performance Completely
Jan 19Varroc Engineering (NSE:VARROC) Has A Pretty Healthy Balance Sheet
Dec 09Is Varroc Engineering Limited (NSE:VARROC) Potentially Undervalued?
Nov 18Varroc Engineering (NSE:VARROC) Might Have The Makings Of A Multi-Bagger
Oct 24Shareholders May Not Be So Generous With Varroc Engineering Limited's (NSE:VARROC) CEO Compensation And Here's Why
Sep 07Varroc Engineering (NSE:VARROC) Seems To Use Debt Quite Sensibly
Aug 11Varroc Engineering (NSE:VARROC) Seems To Be Using A Lot Of Debt
Sep 29Estimating The Fair Value Of Varroc Engineering Limited (NSE:VARROC)
Sep 03Here's Why Varroc Engineering (NSE:VARROC) Is Weighed Down By Its Debt Load
Jun 20Should You Think About Buying Varroc Engineering Limited (NSE:VARROC) Now?
May 16Is Varroc Engineering (NSE:VARROC) A Risky Investment?
Mar 15Is There Now An Opportunity In Varroc Engineering Limited (NSE:VARROC)?
Feb 15Varroc Engineering Limited's (NSE:VARROC) Intrinsic Value Is Potentially 38% Above Its Share Price
Jan 09Is Varroc Engineering (NSE:VARROC) Using Debt Sensibly?
Nov 17An Intrinsic Calculation For Varroc Engineering Limited (NSE:VARROC) Suggests It's 38% Undervalued
Sep 16Should You Investigate Varroc Engineering Limited (NSE:VARROC) At ₹309?
Aug 13Varroc Engineering Limited (NSE:VARROC) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Jun 07Does This Valuation Of Varroc Engineering Limited (NSE:VARROC) Imply Investors Are Overpaying?
Mar 08Are Dividend Investors Getting More Than They Bargained For With Varroc Engineering Limited's (NSE:VARROC) Dividend?
Feb 09Varroc Engineering's (NSE:VARROC) Shareholders Are Down 13% On Their Shares
Jan 12Health Check: How Prudently Does Varroc Engineering (NSE:VARROC) Use Debt?
Dec 15Financial Position Analysis
Short Term Liabilities: VARROC's short term assets (₹16.7B) do not cover its short term liabilities (₹24.1B).
Long Term Liabilities: VARROC's short term assets (₹16.7B) exceed its long term liabilities (₹8.7B).
Debt to Equity History and Analysis
Debt Level: VARROC's net debt to equity ratio (111.5%) is considered high.
Reducing Debt: VARROC's debt to equity ratio has increased from 68.8% to 135.3% over the past 5 years.
Debt Coverage: VARROC's debt is well covered by operating cash flow (38.7%).
Interest Coverage: VARROC's interest payments on its debt are not well covered by EBIT (2x coverage).