Vinsys IT Services India Balance Sheet Health
Financial Health criteria checks 5/6
Vinsys IT Services India has a total shareholder equity of ₹1.1B and total debt of ₹302.3M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are ₹1.6B and ₹481.7M respectively. Vinsys IT Services India's EBIT is ₹316.5M making its interest coverage ratio 21.8. It has cash and short-term investments of ₹187.3M.
Key information
27.0%
Debt to equity ratio
₹302.30m
Debt
| Interest coverage ratio | 21.8x |
| Cash | ₹187.33m |
| Equity | ₹1.12b |
| Total liabilities | ₹481.73m |
| Total assets | ₹1.60b |
Recent financial health updates
Is Vinsys IT Services India (NSE:VINSYS) Using Too Much Debt?
Jul 16
Here's Why Vinsys IT Services India (NSE:VINSYS) Can Manage Its Debt Responsibly
Feb 13Recent updates
Vinsys IT Services India's (NSE:VINSYS) Profits Appear To Have Quality Issues
Nov 22Vinsys IT Services India (NSE:VINSYS) Is Investing Its Capital With Increasing Efficiency
Nov 02Is Vinsys IT Services India (NSE:VINSYS) Using Too Much Debt?
Jul 16Vinsys IT Services India's (NSE:VINSYS) Shareholders May Want To Dig Deeper Than Statutory Profit
May 23Vinsys IT Services India Limited (NSE:VINSYS) Stock Rockets 30% But Many Are Still Ignoring The Company
May 21Here's Why Vinsys IT Services India (NSE:VINSYS) Can Manage Its Debt Responsibly
Feb 13Financial Position Analysis
Short Term Liabilities: VINSYS's short term assets (₹1.1B) exceed its short term liabilities (₹314.3M).
Long Term Liabilities: VINSYS's short term assets (₹1.1B) exceed its long term liabilities (₹167.4M).
Debt to Equity History and Analysis
Debt Level: VINSYS's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VINSYS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VINSYS's debt is well covered by operating cash flow (32.3%).
Interest Coverage: VINSYS's interest payments on its debt are well covered by EBIT (21.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:44 |
| End of Day Share Price | 2024/12/19 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
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Industry and Sector Metrics
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Analyst Sources
Vinsys IT Services India Limited is covered by 0 analysts. 0 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 |
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