Vardhman Textiles Balance Sheet Health
Financial Health criteria checks 6/6
Vardhman Textiles has a total shareholder equity of ₹95.1B and total debt of ₹9.5B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ₹116.5B and ₹21.4B respectively. Vardhman Textiles's EBIT is ₹8.9B making its interest coverage ratio 54.8. It has cash and short-term investments of ₹13.5B.
Key information
10.0%
Debt to equity ratio
₹9.51b
Debt
| Interest coverage ratio | 54.8x |
| Cash | ₹13.46b |
| Equity | ₹95.11b |
| Total liabilities | ₹21.41b |
| Total assets | ₹116.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502986's short term assets (₹59.5B) exceed its short term liabilities (₹14.5B).
Long Term Liabilities: 502986's short term assets (₹59.5B) exceed its long term liabilities (₹6.9B).
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 25.4% to 10% over the past 5 years.
Debt Coverage: 502986's debt is well covered by operating cash flow (60.8%).
Interest Coverage: 502986's interest payments on its debt are well covered by EBIT (54.8x coverage).