Vishal Fabrics Balance Sheet Health
Financial Health criteria checks 4/6
Vishal Fabrics has a total shareholder equity of ₹4.0B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 78.9%. Its total assets and total liabilities are ₹8.6B and ₹4.7B respectively. Vishal Fabrics's EBIT is ₹648.7M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹106.5M.
Key information
78.9%
Debt to equity ratio
₹3.14b
Debt
Interest coverage ratio | 2.6x |
Cash | ₹106.54m |
Equity | ₹3.98b |
Total liabilities | ₹4.66b |
Total assets | ₹8.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538598's short term assets (₹5.9B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 538598's short term assets (₹5.9B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 538598's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: 538598's debt to equity ratio has reduced from 178.1% to 78.9% over the past 5 years.
Debt Coverage: 538598's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 538598's interest payments on its debt are not well covered by EBIT (2.6x coverage).