V-MARC India Balance Sheet Health
Financial Health criteria checks 3/6
V-MARC India has a total shareholder equity of ₹1.1B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 131.9%. Its total assets and total liabilities are ₹4.5B and ₹3.5B respectively. V-MARC India's EBIT is ₹578.1M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹2.8M.
Key information
131.9%
Debt to equity ratio
₹1.41b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹2.83m |
| Equity | ₹1.07b |
| Total liabilities | ₹3.48b |
| Total assets | ₹4.54b |
Recent financial health updates
Does V-MARC India (NSE:VMARCIND) Have A Healthy Balance Sheet?
Aug 19
Is V-MARC India (NSE:VMARCIND) A Risky Investment?
Feb 15Recent updates
Does V-MARC India (NSE:VMARCIND) Have A Healthy Balance Sheet?
Aug 19V-MARC India Limited (NSE:VMARCIND) Soars 29% But It's A Story Of Risk Vs Reward
Jul 28V-MARC India (NSE:VMARCIND) Is Aiming To Keep Up Its Impressive Returns
Jul 27Here's Why V-MARC India (NSE:VMARCIND) Has Caught The Eye Of Investors
Jul 05There May Be Underlying Issues With The Quality Of V-MARC India's (NSE:VMARCIND) Earnings
May 21V-MARC India Limited (NSE:VMARCIND) Stock Rockets 77% But Many Are Still Ignoring The Company
May 09Investors Could Be Concerned With V-MARC India's (NSE:VMARCIND) Returns On Capital
Apr 17Do V-MARC India's (NSE:VMARCIND) Earnings Warrant Your Attention?
Mar 13Is V-MARC India (NSE:VMARCIND) A Risky Investment?
Feb 15Some Investors May Be Worried About V-MARC India's (NSE:VMARCIND) Returns On Capital
Dec 28Here's Why We Think V-MARC India (NSE:VMARCIND) Is Well Worth Watching
Oct 30Here's What's Concerning About V-MARC India's (NSE:VMARCIND) Returns On Capital
Sep 22Should You Be Adding V-MARC India (NSE:VMARCIND) To Your Watchlist Today?
Jun 28V-MARC India (NSE:VMARCIND) May Have Issues Allocating Its Capital
Jun 03Capital Allocation Trends At V-MARC India (NSE:VMARCIND) Aren't Ideal
Feb 18V-MARC India (NSE:VMARCIND) Will Be Hoping To Turn Its Returns On Capital Around
Nov 18Be Wary Of V-MARC India (NSE:VMARCIND) And Its Returns On Capital
Jul 23Fewer Investors Than Expected Jumping On V-MARC India Limited (NSE:VMARCIND)
Jul 09Financial Position Analysis
Short Term Liabilities: VMARCIND's short term assets (₹3.3B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: VMARCIND's short term assets (₹3.3B) exceed its long term liabilities (₹612.7M).
Debt to Equity History and Analysis
Debt Level: VMARCIND's net debt to equity ratio (131.6%) is considered high.
Reducing Debt: VMARCIND's debt to equity ratio has increased from 125% to 131.9% over the past 5 years.
Debt Coverage: VMARCIND's debt is well covered by operating cash flow (34%).
Interest Coverage: VMARCIND's interest payments on its debt are not well covered by EBIT (2.7x coverage).