VVIP Infratech Balance Sheet Health
Financial Health criteria checks 6/6
VVIP Infratech has a total shareholder equity of ₹1.2B and total debt of ₹448.6M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are ₹2.6B and ₹1.5B respectively. VVIP Infratech's EBIT is ₹305.3M making its interest coverage ratio 19.3. It has cash and short-term investments of ₹80.6M.
Key information
39.0%
Debt to equity ratio
₹448.64m
Debt
Interest coverage ratio | 19.3x |
Cash | ₹80.63m |
Equity | ₹1.15b |
Total liabilities | ₹1.48b |
Total assets | ₹2.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544219's short term assets (₹1.9B) exceed its short term liabilities (₹916.3M).
Long Term Liabilities: 544219's short term assets (₹1.9B) exceed its long term liabilities (₹564.0M).
Debt to Equity History and Analysis
Debt Level: 544219's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: 544219's debt to equity ratio has reduced from 204.6% to 39% over the past 5 years.
Debt Coverage: 544219's debt is well covered by operating cash flow (42.6%).
Interest Coverage: 544219's interest payments on its debt are well covered by EBIT (19.3x coverage).