Vardhman Acrylics Balance Sheet Health
Financial Health criteria checks 6/6
Vardhman Acrylics has a total shareholder equity of ₹2.5B and total debt of ₹100.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.4B and ₹902.2M respectively. Vardhman Acrylics's EBIT is ₹67.0M making its interest coverage ratio -37.4. It has cash and short-term investments of ₹965.9M.
Key information
0.004%
Debt to equity ratio
₹100.00k
Debt
| Interest coverage ratio | -37.4x |
| Cash | ₹965.90m |
| Equity | ₹2.52b |
| Total liabilities | ₹902.20m |
| Total assets | ₹3.42b |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Worried About Vardhman Acrylics' (NSE:VARDHACRLC) Returns On Capital
Feb 08
Increases to CEO Compensation Might Be Put On Hold For Now at Vardhman Acrylics Limited (NSE:VARDHACRLC)
Sep 24A Look At The Fair Value Of Vardhman Acrylics Limited (NSE:VARDHACRLC)
Apr 07The Returns At Vardhman Acrylics (NSE:VARDHACRLC) Aren't Growing
Apr 02Vardhman Acrylics (NSE:VARDHACRLC) Hasn't Managed To Accelerate Its Returns
Oct 26Here's What To Make Of Vardhman Acrylics' (NSE:VARDHACRLC) Decelerating Rates Of Return
Jul 20Vardhman Acrylics' (NSE:VARDHACRLC) Returns On Capital Not Reflecting Well On The Business
Mar 24How Much Is Vardhman Acrylics Limited (NSE:VARDHACRLC) CEO Getting Paid?
Feb 15
Vardhman Acrylics Limited's (NSE:VARDHACRLC) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 12What Vardhman Acrylics' (NSE:VARDHACRLC) Returns On Capital Can Tell Us
Dec 22Here's Why We Don't Think Vardhman Acrylics's (NSE:VARDHACRLC) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 23Financial Position Analysis
Short Term Liabilities: VARDHACRLC's short term assets (₹2.0B) exceed its short term liabilities (₹824.4M).
Long Term Liabilities: VARDHACRLC's short term assets (₹2.0B) exceed its long term liabilities (₹77.8M).
Debt to Equity History and Analysis
Debt Level: VARDHACRLC has more cash than its total debt.
Reducing Debt: VARDHACRLC's debt to equity ratio has reduced from 0.07% to 0% over the past 5 years.
Debt Coverage: VARDHACRLC's debt is well covered by operating cash flow (141697%).
Interest Coverage: VARDHACRLC earns more interest than it pays, so coverage of interest payments is not a concern.