Veerkrupa Jewellers Balance Sheet Health
Financial Health criteria checks 4/6
Veerkrupa Jewellers has a total shareholder equity of ₹133.1M and total debt of ₹49.0M, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are ₹216.9M and ₹83.8M respectively. Veerkrupa Jewellers's EBIT is ₹2.1M making its interest coverage ratio -205.4. It has cash and short-term investments of ₹7.9M.
Key information
36.8%
Debt to equity ratio
₹48.96m
Debt
| Interest coverage ratio | -205.4x |
| Cash | ₹7.94m |
| Equity | ₹133.11m |
| Total liabilities | ₹83.82m |
| Total assets | ₹216.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543545's short term assets (₹216.2M) exceed its short term liabilities (₹83.8M).
Long Term Liabilities: 543545's short term assets (₹216.2M) exceed its long term liabilities (₹2.0K).
Debt to Equity History and Analysis
Debt Level: 543545's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: 543545's debt to equity ratio has increased from 34.8% to 36.8% over the past 5 years.
Debt Coverage: 543545's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543545 earns more interest than it pays, so coverage of interest payments is not a concern.