V.I.P. Industries Balance Sheet Health
Financial Health criteria checks 2/6
V.I.P. Industries has a total shareholder equity of ₹6.5B and total debt of ₹5.0B, which brings its debt-to-equity ratio to 77.2%. Its total assets and total liabilities are ₹19.7B and ₹13.2B respectively.
Key information
77.2%
Debt to equity ratio
₹5.00b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹505.10m |
| Equity | ₹6.48b |
| Total liabilities | ₹13.17b |
| Total assets | ₹19.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507880's short term assets (₹13.4B) exceed its short term liabilities (₹10.2B).
Long Term Liabilities: 507880's short term assets (₹13.4B) exceed its long term liabilities (₹2.9B).
Debt to Equity History and Analysis
Debt Level: 507880's net debt to equity ratio (69.4%) is considered high.
Reducing Debt: 507880's debt to equity ratio has increased from 12.6% to 77.2% over the past 5 years.
Debt Coverage: 507880's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 507880's interest payments on its debt are well covered by EBIT.