V.L.Infraprojects Balance Sheet Health
Financial Health criteria checks 3/6
V.L.Infraprojects has a total shareholder equity of ₹163.6M and total debt of ₹165.5M, which brings its debt-to-equity ratio to 101.1%. Its total assets and total liabilities are ₹569.1M and ₹405.5M respectively. V.L.Infraprojects's EBIT is ₹104.1M making its interest coverage ratio 6.3. It has cash and short-term investments of ₹17.8M.
Key information
101.1%
Debt to equity ratio
₹165.48m
Debt
Interest coverage ratio | 6.3x |
Cash | ₹17.82m |
Equity | ₹163.60m |
Total liabilities | ₹405.54m |
Total assets | ₹569.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLINFRA's short term assets (₹529.2M) exceed its short term liabilities (₹370.5M).
Long Term Liabilities: VLINFRA's short term assets (₹529.2M) exceed its long term liabilities (₹35.1M).
Debt to Equity History and Analysis
Debt Level: VLINFRA's net debt to equity ratio (90.3%) is considered high.
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 (6.3x coverage).