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).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:22 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vascon Engineers Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chirag Negandhi | Axis Capital Limited |