Vijay Textiles Balance Sheet Health
Financial Health criteria checks 4/6
Vijay Textiles has a total shareholder equity of ₹451.6M and total debt of ₹2.3B, which brings its debt-to-equity ratio to 499.2%. Its total assets and total liabilities are ₹3.4B and ₹3.0B respectively.
Key information
499.2%
Debt to equity ratio
₹2.25b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹118.83m |
| Equity | ₹451.59m |
| Total liabilities | ₹2.99b |
| Total assets | ₹3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530151's short term assets (₹2.9B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 530151's short term assets (₹2.9B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 530151's net debt to equity ratio (472.9%) is considered high.
Reducing Debt: 530151's debt to equity ratio has increased from 164.1% to 499.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 530151 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 530151 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.4% per year.