Vinyl Chemicals (India) Balance Sheet Health
Financial Health criteria checks 6/6
Vinyl Chemicals (India) has a total shareholder equity of ₹1.2B and total debt of ₹4.9M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹3.1B and ₹1.9B respectively. Vinyl Chemicals (India)'s EBIT is ₹278.9M making its interest coverage ratio 557.8. It has cash and short-term investments of ₹636.3M.
Key information
0.4%
Debt to equity ratio
₹4.90m
Debt
Interest coverage ratio | 557.8x |
Cash | ₹636.30m |
Equity | ₹1.17b |
Total liabilities | ₹1.88b |
Total assets | ₹3.05b |
Recent financial health updates
No updates
Recent updates
Vinyl Chemicals (India)'s (NSE:VINYLINDIA) Conservative Accounting Might Explain Soft Earnings
May 11Investors Could Be Concerned With Vinyl Chemicals (India)'s (NSE:VINYLINDIA) Returns On Capital
Apr 04Vinyl 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 19Is 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 (₹3.0B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: VINYLINDIA's short term assets (₹3.0B) exceed its long term liabilities (₹7.1M).
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 0.8% to 0.4% over the past 5 years.
Debt Coverage: VINYLINDIA's debt is well covered by operating cash flow (7385.7%).
Interest Coverage: VINYLINDIA's interest payments on its debt are well covered by EBIT (557.8x coverage).