V-Guard Industries Balance Sheet Health
Financial Health criteria checks 5/6
V-Guard Industries has a total shareholder equity of ₹16.8B and total debt of ₹3.9B, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are ₹29.6B and ₹12.7B respectively. V-Guard Industries's EBIT is ₹3.2B making its interest coverage ratio 9.5. It has cash and short-term investments of ₹1.3B.
Key information
23.0%
Debt to equity ratio
₹3.88b
Debt
Interest coverage ratio | 9.5x |
Cash | ₹1.34b |
Equity | ₹16.83b |
Total liabilities | ₹12.74b |
Total assets | ₹29.56b |
Recent financial health updates
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
Is 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 11Have Insiders Sold V-Guard Industries Limited (NSE:VGUARD) Shares Recently?
Feb 21Upgrade: Analysts Just Made A Captivating Increase To Their V-Guard Industries Limited (NSE:VGUARD) Forecasts
Feb 06Did You Miss V-Guard Industries' (NSE:VGUARD) Impressive 284% Share Price Gain?
Feb 04Should We Be Excited About The Trends Of Returns At V-Guard Industries (NSE:VGUARD)?
Jan 19Here's Why V-Guard Industries's (NSE:VGUARD) Statutory Earnings Are Arguably Too Conservative
Jan 05Don't Ignore The Fact That This Insider Just Sold Some Shares In V-Guard Industries Limited (NSE:VGUARD)
Dec 22A Quick Analysis On V-Guard Industries' (NSE:VGUARD) CEO Compensation
Dec 15V-Guard Industries Limited's (NSE:VGUARD) Stock Has Fared Decently: Is the Market Following Strong Financials?
Nov 30Financial Position Analysis
Short Term Liabilities: VGUARD's short term assets (₹14.9B) exceed its short term liabilities (₹8.5B).
Long Term Liabilities: VGUARD's short term assets (₹14.9B) exceed its long term liabilities (₹4.3B).
Debt to Equity History and Analysis
Debt Level: VGUARD's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: VGUARD's debt to equity ratio has increased from 1.4% to 23% over the past 5 years.
Debt Coverage: VGUARD's debt is well covered by operating cash flow (136.7%).
Interest Coverage: VGUARD's interest payments on its debt are well covered by EBIT (9.5x coverage).