Vishal Bearings Balance Sheet Health
Financial Health criteria checks 4/6
Vishal Bearings has a total shareholder equity of ₹353.0M and total debt of ₹360.7M, which brings its debt-to-equity ratio to 102.2%. Its total assets and total liabilities are ₹904.6M and ₹551.6M respectively. Vishal Bearings's EBIT is ₹72.5M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹306.0K.
Key information
102.2%
Debt to equity ratio
₹360.69m
Debt
Interest coverage ratio | 2.2x |
Cash | ₹306.00k |
Equity | ₹353.02m |
Total liabilities | ₹551.56m |
Total assets | ₹904.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539398's short term assets (₹588.0M) exceed its short term liabilities (₹319.9M).
Long Term Liabilities: 539398's short term assets (₹588.0M) exceed its long term liabilities (₹231.7M).
Debt to Equity History and Analysis
Debt Level: 539398's net debt to equity ratio (102.1%) is considered high.
Reducing Debt: 539398's debt to equity ratio has reduced from 182.1% to 102.2% over the past 5 years.
Debt Coverage: 539398's debt is well covered by operating cash flow (67.1%).
Interest Coverage: 539398's interest payments on its debt are not well covered by EBIT (2.2x coverage).