Vaibhav Global Balance Sheet Health
Financial Health criteria checks 5/6
Vaibhav Global has a total shareholder equity of ₹12.2B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are ₹18.2B and ₹6.0B respectively. Vaibhav Global's EBIT is ₹1.7B making its interest coverage ratio 53.7. It has cash and short-term investments of ₹1.5B.
Key information
15.5%
Debt to equity ratio
₹1.89b
Debt
Interest coverage ratio | 53.7x |
Cash | ₹1.50b |
Equity | ₹12.24b |
Total liabilities | ₹5.98b |
Total assets | ₹18.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532156's short term assets (₹11.7B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: 532156's short term assets (₹11.7B) exceed its long term liabilities (₹798.6M).
Debt to Equity History and Analysis
Debt Level: 532156's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 532156's debt to equity ratio has increased from 8.4% to 15.5% over the past 5 years.
Debt Coverage: 532156's debt is well covered by operating cash flow (70.8%).
Interest Coverage: 532156's interest payments on its debt are well covered by EBIT (53.7x coverage).