VL E-Governance & IT Solutions Balance Sheet Health
Financial Health criteria checks 5/6
VL E-Governance & IT Solutions has a total shareholder equity of ₹24.5B and total debt of ₹510.9M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹25.2B and ₹687.3M respectively.
Key information
2.1%
Debt to equity ratio
₹510.89m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹682.00k |
| Equity | ₹24.48b |
| Total liabilities | ₹687.26m |
| Total assets | ₹25.17b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VLEGOV's short term assets (₹24.9B) exceed its short term liabilities (₹687.3M).
Long Term Liabilities: VLEGOV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VLEGOV's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VLEGOV's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VLEGOV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VLEGOV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 199.6% per year.