Vishal Fabrics Balance Sheet Health
Financial Health criteria checks 3/6
Vishal Fabrics has a total shareholder equity of ₹4.6B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are ₹9.1B and ₹4.5B respectively. Vishal Fabrics's EBIT is ₹819.9M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹109.6M.
Key information
69.7%
Debt to equity ratio
₹3.23b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹109.57m |
| Equity | ₹4.63b |
| Total liabilities | ₹4.45b |
| Total assets | ₹9.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538598's short term assets (₹6.5B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: 538598's short term assets (₹6.5B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 538598's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: 538598's debt to equity ratio has reduced from 160.2% to 69.7% over the past 5 years.
Debt Coverage: 538598's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 538598's interest payments on its debt are not well covered by EBIT (2.7x coverage).