Veerkrupa Jewellers Balance Sheet Health
Financial Health criteria checks 4/6
Veerkrupa Jewellers has a total shareholder equity of ₹131.4M and total debt of ₹1.9M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹145.7M and ₹14.2M respectively. Veerkrupa Jewellers's EBIT is ₹1.3M making its interest coverage ratio -463.2. It has cash and short-term investments of ₹9.7M.
Key information
1.4%
Debt to equity ratio
₹1.86m
Debt
Interest coverage ratio | -463.2x |
Cash | ₹9.70m |
Equity | ₹131.44m |
Total liabilities | ₹14.24m |
Total assets | ₹145.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543545's short term assets (₹145.0M) exceed its short term liabilities (₹14.2M).
Long Term Liabilities: 543545 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 543545 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543545's debt to equity ratio has reduced 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.