United Van Der Horst Balance Sheet Health
Financial Health criteria checks 1/6
United Van Der Horst has a total shareholder equity of ₹511.6M and total debt of ₹261.0M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are ₹913.6M and ₹402.0M respectively. United Van Der Horst's EBIT is ₹72.5M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹4.8M.
Key information
51.0%
Debt to equity ratio
₹260.98m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹4.78m |
| Equity | ₹511.60m |
| Total liabilities | ₹402.05m |
| Total assets | ₹913.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522091's short term assets (₹211.6M) exceed its short term liabilities (₹120.2M).
Long Term Liabilities: 522091's short term assets (₹211.6M) do not cover its long term liabilities (₹281.9M).
Debt to Equity History and Analysis
Debt Level: 522091's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: 522091's debt to equity ratio has increased from 34.4% to 51% over the past 5 years.
Debt Coverage: 522091's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 522091's interest payments on its debt are not well covered by EBIT (2.5x coverage).