Vardhman Textiles Limited

BSE:502986 Stock Report

Market Cap: ₹125.2b

Vardhman Textiles Balance Sheet Health

Financial Health criteria checks 6/6

Vardhman Textiles has a total shareholder equity of ₹89.3B and total debt of ₹15.1B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are ₹114.6B and ₹25.4B respectively. Vardhman Textiles's EBIT is ₹5.7B making its interest coverage ratio 11. It has cash and short-term investments of ₹19.3B.

Key information

17.0%

Debt to equity ratio

₹15.15b

Debt

Interest coverage ratio11x
Cash₹19.26b
Equity₹89.25b
Total liabilities₹25.37b
Total assets₹114.63b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 502986's short term assets (₹60.6B) exceed its short term liabilities (₹13.2B).

Long Term Liabilities: 502986's short term assets (₹60.6B) exceed its long term liabilities (₹12.2B).


Debt to Equity History and Analysis

Debt Level: 502986 has more cash than its total debt.

Reducing Debt: 502986's debt to equity ratio has reduced from 25.2% to 17% over the past 5 years.

Debt Coverage: 502986's debt is well covered by operating cash flow (48.3%).

Interest Coverage: 502986's interest payments on its debt are well covered by EBIT (11x coverage).


Balance Sheet


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