V-Guard Industries Balance Sheet Health
Financial Health criteria checks 5/6
V-Guard Industries has a total shareholder equity of ₹19.3B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ₹32.4B and ₹13.1B respectively. V-Guard Industries's EBIT is ₹4.1B making its interest coverage ratio 15.4. It has cash and short-term investments of ₹1.5B.
Key information
7.6%
Debt to equity ratio
₹1.47b
Debt
| Interest coverage ratio | 15.4x |
| Cash | ₹1.51b |
| Equity | ₹19.31b |
| Total liabilities | ₹13.09b |
| Total assets | ₹32.40b |
Recent financial health updates
We Think V-Guard Industries (NSE:VGUARD) Can Manage Its Debt With Ease
Aug 14
Is V-Guard Industries (NSE:VGUARD) A Risky Investment?
Mar 21These 4 Measures Indicate That V-Guard Industries (NSE:VGUARD) Is Using Debt Reasonably Well
Aug 10V-Guard Industries (NSE:VGUARD) Has A Pretty Healthy Balance Sheet
Sep 30We Think V-Guard Industries (NSE:VGUARD) Can Stay On Top Of Its Debt
Jun 14V-Guard Industries (NSE:VGUARD) Has A Pretty Healthy Balance Sheet
Jul 20Recent updates
V-Guard Industries Limited (NSE:VGUARD) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Nov 02Subdued Growth No Barrier To V-Guard Industries Limited's (NSE:VGUARD) Price
Sep 21We Think V-Guard Industries (NSE:VGUARD) Can Manage Its Debt With Ease
Aug 14V-Guard Industries Limited Just Beat EPS By 21%: Here's What Analysts Think Will Happen Next
Jul 27Returns On Capital Signal Tricky Times Ahead For V-Guard Industries (NSE:VGUARD)
Jun 27Getting In Cheap On V-Guard Industries Limited (NSE:VGUARD) Is Unlikely
Jun 09Here's Why We Think V-Guard Industries (NSE:VGUARD) Is Well Worth Watching
May 22Is V-Guard Industries (NSE:VGUARD) A Risky Investment?
Mar 21V-Guard Industries Limited Just Recorded A 8.6% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 04Getting In Cheap On V-Guard Industries Limited (NSE:VGUARD) Might Be Difficult
Jan 05Some Investors May Be Worried About V-Guard Industries' (NSE:VGUARD) Returns On Capital
Nov 29These 4 Measures Indicate That V-Guard Industries (NSE:VGUARD) Is Using Debt Reasonably Well
Aug 10V-Guard Industries (NSE:VGUARD) May Have Issues Allocating Its Capital
Jun 22V-Guard Industries (NSE:VGUARD) Might Become A Compounding Machine
Oct 26V-Guard Industries (NSE:VGUARD) Has A Pretty Healthy Balance Sheet
Sep 30Here's Why We Think V-Guard Industries (NSE:VGUARD) Might Deserve Your Attention Today
Aug 03V-Guard Industries (NSE:VGUARD) Will Pay A Larger Dividend Than Last Year At ₹1.30
Jul 06We Think V-Guard Industries (NSE:VGUARD) Can Stay On Top Of Its Debt
Jun 14V-Guard Industries' (NSE:VGUARD) Shareholders Will Receive A Bigger Dividend Than Last Year
May 22Investors Could Be Concerned With V-Guard Industries' (NSE:VGUARD) Returns On Capital
Feb 13I Ran A Stock Scan For Earnings Growth And V-Guard Industries (NSE:VGUARD) Passed With Ease
Oct 19We Think Some Shareholders May Hesitate To Increase V-Guard Industries Limited's (NSE:VGUARD) CEO Compensation
Jul 29V-Guard Industries (NSE:VGUARD) Has A Pretty Healthy Balance Sheet
Jul 20V-Guard Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models
May 30The Returns On Capital At V-Guard Industries (NSE:VGUARD) Don't Inspire Confidence
May 17V-Guard Industries Limited's (NSE:VGUARD) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Mar 11Financial Position Analysis
Short Term Liabilities: VGUARD's short term assets (₹16.9B) exceed its short term liabilities (₹10.8B).
Long Term Liabilities: VGUARD's short term assets (₹16.9B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: VGUARD has more cash than its total debt.
Reducing Debt: VGUARD's debt to equity ratio has increased from 1.5% to 7.6% over the past 5 years.
Debt Coverage: VGUARD's debt is well covered by operating cash flow (268.8%).
Interest Coverage: VGUARD's interest payments on its debt are well covered by EBIT (15.4x coverage).