Vandana Knitwear Balance Sheet Health
Financial Health criteria checks 4/6
Vandana Knitwear has a total shareholder equity of ₹113.9M and total debt of ₹4.7M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ₹122.7M and ₹8.8M respectively.
Key information
4.1%
Debt to equity ratio
₹4.72m
Debt
Interest coverage ratio | n/a |
Cash | ₹1.44m |
Equity | ₹113.93m |
Total liabilities | ₹8.77m |
Total assets | ₹122.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532090's short term assets (₹122.2M) exceed its short term liabilities (₹4.1M).
Long Term Liabilities: 532090's short term assets (₹122.2M) exceed its long term liabilities (₹4.7M).
Debt to Equity History and Analysis
Debt Level: 532090's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 532090's debt to equity ratio has increased from 0% to 4.1% over the past 5 years.
Debt Coverage: 532090's debt is well covered by operating cash flow (91.3%).
Interest Coverage: Insufficient data to determine if 532090's interest payments on its debt are well covered by EBIT.