Vedant Fashions Balance Sheet Health
Financial Health criteria checks 6/6
Vedant Fashions has a total shareholder equity of ₹15.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹24.6B and ₹9.4B respectively. Vedant Fashions's EBIT is ₹5.1B making its interest coverage ratio 13.1. It has cash and short-term investments of ₹7.1B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 13.1x |
| Cash | ₹7.14b |
| Equity | ₹15.28b |
| Total liabilities | ₹9.35b |
| Total assets | ₹24.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543463's short term assets (₹15.6B) exceed its short term liabilities (₹3.9B).
Long Term Liabilities: 543463's short term assets (₹15.6B) exceed its long term liabilities (₹5.5B).
Debt to Equity History and Analysis
Debt Level: 543463 is debt free.
Reducing Debt: 543463 has no debt compared to 5 years ago when its debt to equity ratio was 12.4%.
Debt Coverage: 543463 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 543463 has no debt, therefore coverage of interest payments is not a concern.