Varroc Engineering Financial Health
How is Varroc Engineering's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: VARROC's short term assets (₹86.9B) do not cover its short term liabilities (₹96.1B).
Long Term Liabilities: VARROC's short term assets (₹86.9B) exceed its long term liabilities (₹7.5B).
Debt to Equity History and Analysis
Debt Level: VARROC's net debt to equity ratio (174.6%) is considered high.
Reducing Debt: VARROC's debt to equity ratio has increased from 53% to 196% over the past 5 years.
Debt Coverage: VARROC's debt is well covered by operating cash flow (74.7%).
Interest Coverage: VARROC's interest payments on its debt are not well covered by EBIT (1.3x coverage).