Virat Industries Balance Sheet Health
Financial Health criteria checks 4/6
Virat Industries has a total shareholder equity of ₹261.7M and total debt of ₹7.5M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ₹328.1M and ₹66.4M respectively.
Key information
2.9%
Debt to equity ratio
₹7.50m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹62.49m |
| Equity | ₹261.67m |
| Total liabilities | ₹66.44m |
| Total assets | ₹328.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530521's short term assets (₹276.3M) exceed its short term liabilities (₹58.2M).
Long Term Liabilities: 530521's short term assets (₹276.3M) exceed its long term liabilities (₹8.2M).
Debt to Equity History and Analysis
Debt Level: 530521 has more cash than its total debt.
Reducing Debt: 530521's debt to equity ratio has reduced from 5.6% to 2.9% over the past 5 years.
Debt Coverage: 530521's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: Insufficient data to determine if 530521's interest payments on its debt are well covered by EBIT.