V.L.Infraprojects Balance Sheet Health
Financial Health criteria checks 4/6
V.L.Infraprojects has a total shareholder equity of ₹384.4M and total debt of ₹142.6M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are ₹681.7M and ₹297.3M respectively. V.L.Infraprojects's EBIT is ₹111.7M making its interest coverage ratio 6. It has cash and short-term investments of ₹30.5M.
Key information
37.1%
Debt to equity ratio
₹142.60m
Debt
| Interest coverage ratio | 6x |
| Cash | ₹30.46m |
| Equity | ₹384.41m |
| Total liabilities | ₹297.26m |
| Total assets | ₹681.66m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VLINFRA's short term assets (₹602.1M) exceed its short term liabilities (₹254.8M).
Long Term Liabilities: VLINFRA's short term assets (₹602.1M) exceed its long term liabilities (₹42.4M).
Debt to Equity History and Analysis
Debt Level: VLINFRA's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VLINFRA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VLINFRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VLINFRA's interest payments on its debt are well covered by EBIT (6x coverage).