VVIP Infratech Balance Sheet Health
Financial Health criteria checks 5/6
VVIP Infratech has a total shareholder equity of ₹1.9B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are ₹4.4B and ₹2.5B respectively. VVIP Infratech's EBIT is ₹557.9M making its interest coverage ratio 22.1. It has cash and short-term investments of ₹561.1M.
Key information
61.4%
Debt to equity ratio
₹1.20b
Debt
| Interest coverage ratio | 22.1x |
| Cash | ₹561.11m |
| Equity | ₹1.95b |
| Total liabilities | ₹2.50b |
| Total assets | ₹4.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544219's short term assets (₹3.7B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 544219's short term assets (₹3.7B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 544219's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: 544219's debt to equity ratio has reduced from 165.8% to 61.4% over the past 5 years.
Debt Coverage: 544219's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544219's interest payments on its debt are well covered by EBIT (22.1x coverage).