Vaxtex Cotfab Balance Sheet Health
Financial Health criteria checks 3/6
Vaxtex Cotfab has a total shareholder equity of ₹354.2M and total debt of ₹70.6M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are ₹651.5M and ₹297.3M respectively.
Key information
19.9%
Debt to equity ratio
₹70.57m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹31.24m |
| Equity | ₹354.18m |
| Total liabilities | ₹297.33m |
| Total assets | ₹651.50m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VCL's short term assets (₹604.1M) exceed its short term liabilities (₹232.5M).
Long Term Liabilities: VCL's short term assets (₹604.1M) exceed its long term liabilities (₹64.8M).
Debt to Equity History and Analysis
Debt Level: VCL's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: VCL's debt to equity ratio has increased from 12.8% to 19.9% over the past 5 years.
Debt Coverage: VCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VCL's interest payments on its debt are well covered by EBIT.