V-Guard Industries Balance Sheet Health
Financial Health criteria checks 5/6
V-Guard Industries has a total shareholder equity of ₹19.3B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ₹32.4B and ₹13.1B respectively. V-Guard Industries's EBIT is ₹4.1B making its interest coverage ratio 15.4. It has cash and short-term investments of ₹1.5B.
Key information
7.6%
Debt to equity ratio
₹1.47b
Debt
| Interest coverage ratio | 15.4x |
| Cash | ₹1.51b |
| Equity | ₹19.31b |
| Total liabilities | ₹13.09b |
| Total assets | ₹32.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532953's short term assets (₹16.9B) exceed its short term liabilities (₹10.8B).
Long Term Liabilities: 532953's short term assets (₹16.9B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: 532953 has more cash than its total debt.
Reducing Debt: 532953's debt to equity ratio has increased from 1.5% to 7.6% over the past 5 years.
Debt Coverage: 532953's debt is well covered by operating cash flow (268.8%).
Interest Coverage: 532953's interest payments on its debt are well covered by EBIT (15.4x coverage).