Vinyl Chemicals (India) Balance Sheet Health
Financial Health criteria checks 6/6
Vinyl Chemicals (India) has a total shareholder equity of ₹1.0B and total debt of ₹4.9M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹2.2B and ₹1.1B respectively. Vinyl Chemicals (India)'s EBIT is ₹271.3M making its interest coverage ratio 43. It has cash and short-term investments of ₹390.6M.
Key information
0.5%
Debt to equity ratio
₹4.90m
Debt
| Interest coverage ratio | 43x |
| Cash | ₹390.60m |
| Equity | ₹1.02b |
| Total liabilities | ₹1.14b |
| Total assets | ₹2.16b |
Recent financial health updates
No updates
Recent updates
Investors Could Be Concerned With Vinyl Chemicals (India)'s (NSE:VINYLINDIA) Returns On Capital
Apr 04
Vinyl Chemicals (India)'s (NSE:VINYLINDIA) Dividend Will Be ₹10.00
Jul 22Vinyl Chemicals (India)'s (NSE:VINYLINDIA) Dividend Will Be ₹10.00
Jul 08Vinyl Chemicals (India) (NSE:VINYLINDIA) Is Due To Pay A Dividend Of ₹10.00
Jun 24Vinyl Chemicals (India) (NSE:VINYLINDIA) Has Announced That It Will Be Increasing Its Dividend To ₹10.00
Jul 15Vinyl Chemicals (India) (NSE:VINYLINDIA) Will Pay A Larger Dividend Than Last Year At ₹10.00
May 19Vinyl Chemicals (India)'s (NSE:VINYLINDIA) Promising Earnings May Rest On Soft Foundations
Jul 19Could Vinyl Chemicals (India) Limited (NSE:VINYLINDIA) Have The Makings Of Another Dividend Aristocrat?
Apr 14Vinyl Chemicals (India) Limited (NSE:VINYLINDIA) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Feb 18Is Vinyl Chemicals (India) Limited (NSE:VINYLINDIA) A Smart Pick For Income Investors?
Jan 12Is Vinyl Chemicals (India) Limited's (NSE:VINYLINDIA) Recent Price Movement Underpinned By Its Weak Fundamentals?
Nov 19
Is Vinyl Chemicals (India) Limited (NSE:VINYLINDIA) An Attractive Dividend Stock?
Oct 13Some Shareholders Feeling Restless Over Vinyl Chemicals (India) Limited's (NSE:VINYLINDIA) P/E Ratio
Aug 29Three Days Left Until Vinyl Chemicals (India) Limited (NSE:VINYLINDIA) Trades Ex-Dividend
Aug 26Has Vinyl Chemicals (India) Limited's (NSE:VINYLINDIA) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Aug 21Three Things You Should Check Before Buying Vinyl Chemicals (India) Limited (NSE:VINYLINDIA) For Its Dividend
Jul 14Financial Position Analysis
Short Term Liabilities: VINYLINDIA's short term assets (₹2.1B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: VINYLINDIA's short term assets (₹2.1B) exceed its long term liabilities (₹7.5M).
Debt to Equity History and Analysis
Debt Level: VINYLINDIA has more cash than its total debt.
Reducing Debt: VINYLINDIA's debt to equity ratio has reduced from 1% to 0.5% over the past 5 years.
Debt Coverage: VINYLINDIA's debt is well covered by operating cash flow (10402.3%).
Interest Coverage: VINYLINDIA's interest payments on its debt are well covered by EBIT (43x coverage).