VTM Balance Sheet Health
Financial Health criteria checks 6/6
VTM has a total shareholder equity of ₹2.5B and total debt of ₹38.4M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹2.7B and ₹242.0M respectively. VTM's EBIT is ₹168.1M making its interest coverage ratio -25.1. It has cash and short-term investments of ₹719.7M.
Key information
1.6%
Debt to equity ratio
₹38.35m
Debt
Interest coverage ratio | -25.1x |
Cash | ₹719.66m |
Equity | ₹2.45b |
Total liabilities | ₹241.98m |
Total assets | ₹2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532893's short term assets (₹1.3B) exceed its short term liabilities (₹101.0M).
Long Term Liabilities: 532893's short term assets (₹1.3B) exceed its long term liabilities (₹140.9M).
Debt to Equity History and Analysis
Debt Level: 532893 has more cash than its total debt.
Reducing Debt: 532893's debt to equity ratio has reduced from 6% to 1.6% over the past 5 years.
Debt Coverage: 532893's debt is well covered by operating cash flow (561.1%).
Interest Coverage: 532893 earns more interest than it pays, so coverage of interest payments is not a concern.