Vascon Engineers Balance Sheet Health
Financial Health criteria checks 5/6
Vascon Engineers has a total shareholder equity of ₹10.0B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are ₹21.2B and ₹11.2B respectively. Vascon Engineers's EBIT is ₹905.5M making its interest coverage ratio 11. It has cash and short-term investments of ₹495.1M.
Key information
23.2%
Debt to equity ratio
₹2.33b
Debt
| Interest coverage ratio | 11x |
| Cash | ₹495.10m |
| Equity | ₹10.04b |
| Total liabilities | ₹11.20b |
| Total assets | ₹21.23b |
Recent financial health updates
Here's Why Vascon Engineers (NSE:VASCONEQ) Can Manage Its Debt Responsibly
Aug 04
Vascon Engineers (NSE:VASCONEQ) Has A Pretty Healthy Balance Sheet
Nov 25Recent updates
Investors Will Want Vascon Engineers' (NSE:VASCONEQ) Growth In ROCE To Persist
Oct 22We Like These Underlying Return On Capital Trends At Vascon Engineers (NSE:VASCONEQ)
Jun 12Why Investors Shouldn't Be Surprised By Vascon Engineers Limited's (NSE:VASCONEQ) 25% Share Price Plunge
Mar 19Does Vascon Engineers (NSE:VASCONEQ) Deserve A Spot On Your Watchlist?
Mar 13Vascon Engineers Limited's (NSE:VASCONEQ) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Jan 20There's Been No Shortage Of Growth Recently For Vascon Engineers' (NSE:VASCONEQ) Returns On Capital
Oct 27If EPS Growth Is Important To You, Vascon Engineers (NSE:VASCONEQ) Presents An Opportunity
Oct 05Here's Why Shareholders May Want To Be Cautious With Increasing Vascon Engineers Limited's (NSE:VASCONEQ) CEO Pay Packet
Sep 20Here's Why Vascon Engineers (NSE:VASCONEQ) Can Manage Its Debt Responsibly
Aug 04Investors Will Want Vascon Engineers' (NSE:VASCONEQ) Growth In ROCE To Persist
Jan 31Here's Why Vascon Engineers (NSE:VASCONEQ) Has Caught The Eye Of Investors
Dec 22Vascon Engineers (NSE:VASCONEQ) Has A Pretty Healthy Balance Sheet
Nov 25Vascon Engineers (NSE:VASCONEQ) Is Doing The Right Things To Multiply Its Share Price
Sep 06Vascon Engineers' (NSE:VASCONEQ) Earnings Are Of Questionable Quality
May 31Returns On Capital Signal Difficult Times Ahead For Vascon Engineers (NSE:VASCONEQ)
Mar 30Financial Position Analysis
Short Term Liabilities: VASCONEQ's short term assets (₹16.7B) exceed its short term liabilities (₹9.9B).
Long Term Liabilities: VASCONEQ's short term assets (₹16.7B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: VASCONEQ's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: VASCONEQ's debt to equity ratio has reduced from 31.2% to 23.2% over the past 5 years.
Debt Coverage: VASCONEQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VASCONEQ's interest payments on its debt are well covered by EBIT (11x coverage).