Vinyl Chemicals (India) Limited

BSE:524129 Stock Report

Market Cap: ₹6.7b

Vinyl Chemicals (India) Balance Sheet Health

Financial Health criteria checks 6/6

Vinyl Chemicals (India) has a total shareholder equity of ₹1.1B and total debt of ₹4.9M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹2.3B and ₹1.2B respectively. Vinyl Chemicals (India)'s EBIT is ₹312.8M making its interest coverage ratio -650.2. It has cash and short-term investments of ₹843.1M.

Key information

0.4%

Debt to equity ratio

₹4.90m

Debt

Interest coverage ratio-650.2x
Cash₹843.10m
Equity₹1.14b
Total liabilities₹1.19b
Total assets₹2.34b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 524129's short term assets (₹2.3B) exceed its short term liabilities (₹1.2B).

Long Term Liabilities: 524129's short term assets (₹2.3B) exceed its long term liabilities (₹10.1M).


Debt to Equity History and Analysis

Debt Level: 524129 has more cash than its total debt.

Reducing Debt: 524129's debt to equity ratio has reduced from 0.9% to 0.4% over the past 5 years.

Debt Coverage: 524129's debt is well covered by operating cash flow (10920.2%).

Interest Coverage: 524129 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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