Visaman Global Sales Balance Sheet Health
Financial Health criteria checks 2/6
Visaman Global Sales has a total shareholder equity of ₹99.4M and total debt of ₹434.6M, which brings its debt-to-equity ratio to 437.3%. Its total assets and total liabilities are ₹586.4M and ₹487.0M respectively. Visaman Global Sales's EBIT is ₹60.9M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹1.7M.
Key information
437.3%
Debt to equity ratio
₹434.57m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹1.71m |
| Equity | ₹99.37m |
| Total liabilities | ₹487.03m |
| Total assets | ₹586.40m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: VISAMAN's short term assets (₹574.4M) exceed its short term liabilities (₹418.0M).
Long Term Liabilities: VISAMAN's short term assets (₹574.4M) exceed its long term liabilities (₹69.0M).
Debt to Equity History and Analysis
Debt Level: VISAMAN's net debt to equity ratio (435.6%) is considered high.
Reducing Debt: Insufficient data to determine if VISAMAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VISAMAN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VISAMAN's interest payments on its debt are not well covered by EBIT (1.5x coverage).