Vascon Engineers Balance Sheet Health
Financial Health criteria checks 5/6
Vascon Engineers has a total shareholder equity of ₹10.0B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are ₹21.2B and ₹11.2B respectively. Vascon Engineers's EBIT is ₹905.5M making its interest coverage ratio 11. It has cash and short-term investments of ₹495.1M.
Key information
23.2%
Debt to equity ratio
₹2.33b
Debt
| Interest coverage ratio | 11x |
| Cash | ₹495.10m |
| Equity | ₹10.04b |
| Total liabilities | ₹11.20b |
| Total assets | ₹21.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533156's short term assets (₹16.7B) exceed its short term liabilities (₹9.9B).
Long Term Liabilities: 533156's short term assets (₹16.7B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 533156's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: 533156's debt to equity ratio has reduced from 31.2% to 23.2% over the past 5 years.
Debt Coverage: 533156's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 533156's interest payments on its debt are well covered by EBIT (11x coverage).