Vandana Knitwear Balance Sheet Health
Financial Health criteria checks 4/6
Vandana Knitwear has a total shareholder equity of ₹115.0M and total debt of ₹1.5M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹118.2M and ₹3.3M respectively.
Key information
1.3%
Debt to equity ratio
₹1.54m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹43.00k |
| Equity | ₹114.95m |
| Total liabilities | ₹3.27m |
| Total assets | ₹118.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532090's short term assets (₹117.8M) exceed its short term liabilities (₹1.7M).
Long Term Liabilities: 532090's short term assets (₹117.8M) exceed its long term liabilities (₹1.5M).
Debt to Equity History and Analysis
Debt Level: 532090's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: 532090's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: 532090's debt is well covered by operating cash flow (226.3%).
Interest Coverage: Insufficient data to determine if 532090's interest payments on its debt are well covered by EBIT.