Virtuoso Optoelectronics Balance Sheet Health
Financial Health criteria checks 4/6
Virtuoso Optoelectronics has a total shareholder equity of ₹2.2B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are ₹4.5B and ₹2.4B respectively. Virtuoso Optoelectronics's EBIT is ₹413.2M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹485.0M.
Key information
57.3%
Debt to equity ratio
₹1.24b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹485.02m |
| Equity | ₹2.16b |
| Total liabilities | ₹2.37b |
| Total assets | ₹4.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543597's short term assets (₹2.7B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 543597's short term assets (₹2.7B) exceed its long term liabilities (₹683.2M).
Debt to Equity History and Analysis
Debt Level: 543597's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: 543597's debt to equity ratio has reduced from 350.7% to 57.3% over the past 5 years.
Debt Coverage: 543597's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 543597's interest payments on its debt are not well covered by EBIT (2.2x coverage).