Varroc Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Varroc Engineering has a total shareholder equity of ₹16.4B and total debt of ₹10.3B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are ₹47.3B and ₹30.9B respectively. Varroc Engineering's EBIT is ₹4.3B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹2.1B.
Key information
63.0%
Debt to equity ratio
₹10.33b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹2.05b |
| Equity | ₹16.40b |
| Total liabilities | ₹30.89b |
| Total assets | ₹47.29b |
Recent financial health updates
These 4 Measures Indicate That Varroc Engineering (NSE:VARROC) Is Using Debt Reasonably Well
Aug 07
Varroc Engineering (NSE:VARROC) Seems To Use Debt Quite Sensibly
Mar 12Varroc 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 20Recent updates
Should You Be Adding Varroc Engineering (NSE:VARROC) To Your Watchlist Today?
Sep 25Increases to CEO Compensation Might Be Put On Hold For Now at Varroc Engineering Limited (NSE:VARROC)
Sep 06Is Varroc Engineering Limited (NSE:VARROC) Potentially Undervalued?
Aug 23Earnings Miss: Varroc Engineering Limited Missed EPS By 59% And Analysts Are Revising Their Forecasts
Aug 10These 4 Measures Indicate That Varroc Engineering (NSE:VARROC) Is Using Debt Reasonably Well
Aug 07Varroc Engineering Limited's (NSE:VARROC) P/S Is Still On The Mark Following 30% Share Price Bounce
Jul 05Varroc Engineering's (NSE:VARROC) Earnings Are Weaker Than They Seem
May 25Fewer Investors Than Expected Jumping On Varroc Engineering Limited (NSE:VARROC)
May 09Varroc 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 09Financial Position Analysis
Short Term Liabilities: VARROC's short term assets (₹19.4B) do not cover its short term liabilities (₹24.0B).
Long Term Liabilities: VARROC's short term assets (₹19.4B) exceed its long term liabilities (₹6.9B).
Debt to Equity History and Analysis
Debt Level: VARROC's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: VARROC's debt to equity ratio has reduced from 70.8% to 63% over the past 5 years.
Debt Coverage: VARROC's debt is well covered by operating cash flow (58.5%).
Interest Coverage: VARROC's interest payments on its debt are not well covered by EBIT (2.6x coverage).