Vaxfab Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
Vaxfab Enterprises has a total shareholder equity of ₹164.7M and total debt of ₹3.4M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹265.8M and ₹101.1M respectively. Vaxfab Enterprises's EBIT is ₹6.6M making its interest coverage ratio -17.7. It has cash and short-term investments of ₹41.9M.
Key information
2.1%
Debt to equity ratio
₹3.40m
Debt
| Interest coverage ratio | -17.7x |
| Cash | ₹41.95m |
| Equity | ₹164.73m |
| Total liabilities | ₹101.06m |
| Total assets | ₹265.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542803's short term assets (₹143.5M) exceed its short term liabilities (₹101.1M).
Long Term Liabilities: 542803's short term assets (₹143.5M) exceed its long term liabilities (₹3.0K).
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 2.1% over the past 5 years.
Debt Coverage: 542803's debt is well covered by operating cash flow (545.9%).
Interest Coverage: 542803 earns more interest than it pays, so coverage of interest payments is not a concern.