Vascon Engineers Balance Sheet Health
Financial Health criteria checks 6/6
Vascon Engineers has a total shareholder equity of ₹9.5B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are ₹17.2B and ₹7.7B respectively. Vascon Engineers's EBIT is ₹1.1B making its interest coverage ratio 17.6. It has cash and short-term investments of ₹1.0B.
Key information
19.6%
Debt to equity ratio
₹1.86b
Debt
Interest coverage ratio | 17.6x |
Cash | ₹1.03b |
Equity | ₹9.53b |
Total liabilities | ₹7.68b |
Total assets | ₹17.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533156's short term assets (₹13.2B) exceed its short term liabilities (₹6.9B).
Long Term Liabilities: 533156's short term assets (₹13.2B) exceed its long term liabilities (₹814.5M).
Debt to Equity History and Analysis
Debt Level: 533156's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 533156's debt to equity ratio has reduced from 37.1% to 19.6% over the past 5 years.
Debt Coverage: 533156's debt is well covered by operating cash flow (26.2%).
Interest Coverage: 533156's interest payments on its debt are well covered by EBIT (17.6x coverage).