Voltas Balance Sheet Health
Financial Health criteria checks 5/6
Voltas has a total shareholder equity of ₹63.1B and total debt of ₹8.3B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are ₹118.4B and ₹55.3B respectively. Voltas's EBIT is ₹7.8B making its interest coverage ratio -50.9. It has cash and short-term investments of ₹19.1B.
Key information
13.1%
Debt to equity ratio
₹8.30b
Debt
| Interest coverage ratio | -50.9x |
| Cash | ₹19.11b |
| Equity | ₹63.12b |
| Total liabilities | ₹55.31b |
| Total assets | ₹118.43b |
Recent financial health updates
Is Voltas (NSE:VOLTAS) Using Too Much Debt?
Sep 19
Voltas (NSE:VOLTAS) Has A Pretty Healthy Balance Sheet
May 09Is Voltas (NSE:VOLTAS) A Risky Investment?
Feb 01Recent updates
Voltas Limited's (NSE:VOLTAS) Price Is Out Of Tune With Revenues
Dec 06Voltas Limited (NSE:VOLTAS) Half-Year Results: Here's What Analysts Are Forecasting For This Year
Nov 01Is Voltas (NSE:VOLTAS) Using Too Much Debt?
Sep 19Voltas Limited's (NSE:VOLTAS) Popularity With Investors Is Clear
Sep 01Earnings Beat: Voltas Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 14Voltas (NSE:VOLTAS) Might Be Having Difficulty Using Its Capital Effectively
Jul 30Voltas' (NSE:VOLTAS) Earnings Are Of Questionable Quality
Jun 22Voltas Limited Just Missed EPS By 34%: Here's What Analysts Think Will Happen Next
May 10Voltas (NSE:VOLTAS) Has A Pretty Healthy Balance Sheet
May 09Voltas (NSE:VOLTAS) Will Want To Turn Around Its Return Trends
Apr 18The Price Is Right For Voltas Limited (NSE:VOLTAS)
Mar 28Is Voltas (NSE:VOLTAS) A Risky Investment?
Feb 01Be Wary Of Voltas (NSE:VOLTAS) And Its Returns On Capital
Jan 14Financial Position Analysis
Short Term Liabilities: VOLTAS's short term assets (₹71.5B) exceed its short term liabilities (₹49.0B).
Long Term Liabilities: VOLTAS's short term assets (₹71.5B) exceed its long term liabilities (₹6.4B).
Debt to Equity History and Analysis
Debt Level: VOLTAS has more cash than its total debt.
Reducing Debt: VOLTAS's debt to equity ratio has increased from 8% to 13.1% over the past 5 years.
Debt Coverage: VOLTAS's debt is well covered by operating cash flow (79.6%).
Interest Coverage: VOLTAS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Voltas Limited is covered by 68 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dhruv Jain | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| Manish Valecha | Anand Rathi Shares and Stock Brokers Limited |