VTM Balance Sheet Health
Financial Health criteria checks 4/6
VTM has a total shareholder equity of ₹2.8B and total debt of ₹205.1M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ₹3.4B and ₹650.7M respectively. VTM's EBIT is ₹244.1M making its interest coverage ratio -39.4. It has cash and short-term investments of ₹465.9M.
Key information
7.4%
Debt to equity ratio
₹205.13m
Debt
| Interest coverage ratio | -39.4x |
| Cash | ₹465.86m |
| Equity | ₹2.77b |
| Total liabilities | ₹650.71m |
| Total assets | ₹3.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532893's short term assets (₹1.9B) exceed its short term liabilities (₹529.9M).
Long Term Liabilities: 532893's short term assets (₹1.9B) exceed its long term liabilities (₹120.8M).
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 increased from 3.9% to 7.4% over the past 5 years.
Debt Coverage: 532893's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532893 earns more interest than it pays, so coverage of interest payments is not a concern.