VIP Clothing Balance Sheet Health
Financial Health criteria checks 6/6
VIP Clothing has a total shareholder equity of ₹1.7B and total debt of ₹749.8M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are ₹3.0B and ₹1.3B respectively.
Key information
43.5%
Debt to equity ratio
₹749.76m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹271.95m |
| Equity | ₹1.72b |
| Total liabilities | ₹1.32b |
| Total assets | ₹3.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532613's short term assets (₹1.9B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 532613's short term assets (₹1.9B) exceed its long term liabilities (₹154.4M).
Debt to Equity History and Analysis
Debt Level: 532613's net debt to equity ratio (27.7%) is considered satisfactory.
Reducing Debt: 532613's debt to equity ratio has reduced from 44.8% to 43.5% 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 532613 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 532613 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.4% per year.