Vedant Fashions Balance Sheet Health
Financial Health criteria checks 5/6
Vedant Fashions has a total shareholder equity of ₹13.3B and total debt of ₹3.7B, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are ₹21.1B and ₹7.8B respectively. Vedant Fashions's EBIT is ₹5.3B making its interest coverage ratio 17.1. It has cash and short-term investments of ₹4.6B.
Key information
27.5%
Debt to equity ratio
₹3.65b
Debt
| Interest coverage ratio | 17.1x |
| Cash | ₹4.61b |
| Equity | ₹13.28b |
| Total liabilities | ₹7.79b |
| Total assets | ₹21.07b |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On Vedant Fashions Limited (NSE:MANYAVAR) Is Unlikely
Mar 21
Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns
Feb 23Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns
Nov 09Vedant Fashions' (NSE:MANYAVAR) Dividend Will Be Increased To ₹9.00
Aug 12Vedant Fashions' (NSE:MANYAVAR) Upcoming Dividend Will Be Larger Than Last Year's
Jul 29Vedant Fashions (NSE:MANYAVAR) Is Reinvesting To Multiply In Value
Jul 13Do Vedant Fashions' (NSE:MANYAVAR) Earnings Warrant Your Attention?
Jun 22Vedant Fashions Limited's (NSE:MANYAVAR) Business Is Trailing The Market But Its Shares Aren't
May 11Shareholders Would Enjoy A Repeat Of Vedant Fashions' (NSE:MANYAVAR) Recent Growth In Returns
Mar 29Is Now The Time To Put Vedant Fashions (NSE:MANYAVAR) On Your Watchlist?
Mar 11Vedant Fashions Limited (NSE:MANYAVAR) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,223
Aug 11We Think That There Are Issues Underlying Vedant Fashions' (NSE:MANYAVAR) Earnings
May 17Financial Position Analysis
Short Term Liabilities: MANYAVAR's short term assets (₹12.2B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: MANYAVAR's short term assets (₹12.2B) exceed its long term liabilities (₹4.5B).
Debt to Equity History and Analysis
Debt Level: MANYAVAR has more cash than its total debt.
Reducing Debt: MANYAVAR's debt to equity ratio has increased from 0.4% to 27.5% over the past 5 years.
Debt Coverage: MANYAVAR's debt is well covered by operating cash flow (116.2%).
Interest Coverage: MANYAVAR's interest payments on its debt are well covered by EBIT (17.1x coverage).