Vaxfab Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Vaxfab Enterprises has a total shareholder equity of ₹52.1M and total debt of ₹1.7M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ₹266.5M and ₹214.5M respectively. Vaxfab Enterprises's EBIT is ₹4.7M making its interest coverage ratio -1561. It has cash and short-term investments of ₹3.6M.
Key information
3.3%
Debt to equity ratio
₹1.73m
Debt
| Interest coverage ratio | -1561x |
| Cash | ₹3.62m |
| Equity | ₹52.06m |
| Total liabilities | ₹214.48m |
| Total assets | ₹266.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542803's short term assets (₹169.8M) do not cover its short term liabilities (₹214.5M).
Long Term Liabilities: 542803's short term assets (₹169.8M) exceed its long term liabilities (₹1,000.0).
Debt to Equity History and Analysis
Debt Level: 542803 has more cash than its total debt.
Reducing Debt: 542803's debt to equity ratio has increased from 0% to 3.3% over the past 5 years.
Debt Coverage: 542803's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542803 earns more interest than it pays, so coverage of interest payments is not a concern.