Vardhman Polytex Balance Sheet Health
Financial Health criteria checks 0/6
Vardhman Polytex has a total shareholder equity of ₹-3.7B and total debt of ₹690.2M, which brings its debt-to-equity ratio to -18.6%. Its total assets and total liabilities are ₹2.5B and ₹6.2B respectively.
Key information
-18.6%
Debt to equity ratio
₹690.17m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹6.37m |
| Equity | -₹3.71b |
| Total liabilities | ₹6.22b |
| Total assets | ₹2.50b |
Recent financial health updates
No updates
Recent updates
Vardhman Polytex Limited's (NSE:VARDMNPOLY) 26% Share Price Plunge Could Signal Some Risk
Oct 27
Vardhman Polytex Limited's (NSE:VARDMNPOLY) 27% Share Price Surge Not Quite Adding Up
Aug 23Vardhman Polytex Limited (NSE:VARDMNPOLY) Investors Are Less Pessimistic Than Expected
Jun 12Vardhman Polytex Limited's (NSE:VARDMNPOLY) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Feb 02There's Reason For Concern Over Vardhman Polytex Limited's (NSE:VARDMNPOLY) Massive 80% Price Jump
Apr 17We're Not So Sure You Should Rely on Vardhman Polytex's (NSE:VARDMNPOLY) Statutory Earnings
Nov 24Financial Position Analysis
Short Term Liabilities: VARDMNPOLY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VARDMNPOLY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VARDMNPOLY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VARDMNPOLY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VARDMNPOLY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VARDMNPOLY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.8% each year