Swasti Vinayaka Art and Heritage Balance Sheet Health
Financial Health criteria checks 3/6
Swasti Vinayaka Art and Heritage has a total shareholder equity of ₹211.7M and total debt of ₹151.6M, which brings its debt-to-equity ratio to 71.6%. Its total assets and total liabilities are ₹457.2M and ₹245.5M respectively. Swasti Vinayaka Art and Heritage's EBIT is ₹38.2M making its interest coverage ratio 4.4. It has cash and short-term investments of ₹442.0K.
Key information
71.6%
Debt to equity ratio
₹151.63m
Debt
Interest coverage ratio | 4.4x |
Cash | ₹442.00k |
Equity | ₹211.74m |
Total liabilities | ₹245.48m |
Total assets | ₹457.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512257's short term assets (₹311.2M) exceed its short term liabilities (₹44.2M).
Long Term Liabilities: 512257's short term assets (₹311.2M) exceed its long term liabilities (₹201.3M).
Debt to Equity History and Analysis
Debt Level: 512257's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: 512257's debt to equity ratio has increased from 52.4% to 71.6% over the past 5 years.
Debt Coverage: 512257's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 512257's interest payments on its debt are well covered by EBIT (4.4x coverage).