Virtuoso Optoelectronics Balance Sheet Health
Financial Health criteria checks 2/6
Virtuoso Optoelectronics has a total shareholder equity of ₹972.1M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 115.5%. Its total assets and total liabilities are ₹3.1B and ₹2.1B respectively. Virtuoso Optoelectronics's EBIT is ₹280.3M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹1.2M.
Key information
115.5%
Debt to equity ratio
₹1.12b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹1.17m |
Equity | ₹972.07m |
Total liabilities | ₹2.13b |
Total assets | ₹3.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543597's short term assets (₹1.8B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 543597's short term assets (₹1.8B) exceed its long term liabilities (₹568.4M).
Debt to Equity History and Analysis
Debt Level: 543597's net debt to equity ratio (115.4%) is considered high.
Reducing Debt: Insufficient data to determine if 543597's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543597's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 543597's interest payments on its debt are not well covered by EBIT (1.7x coverage).