Vardhman Textiles Financial Health
How is Vardhman Textiles's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 502986's short term assets (₹59.0B) exceed its short term liabilities (₹15.1B).
Long Term Liabilities: 502986's short term assets (₹59.0B) 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 39.5% to 18.3% over the past 5 years.
Debt Coverage: 502986's debt is well covered by operating cash flow (88.2%).
Interest Coverage: 502986's interest payments on its debt are well covered by EBIT (29.6x coverage).