Vinny Overseas Balance Sheet Health
Financial Health criteria checks 5/6
Vinny Overseas has a total shareholder equity of ₹298.7M and total debt of ₹174.1M, which brings its debt-to-equity ratio to 58.3%. Its total assets and total liabilities are ₹674.8M and ₹376.1M respectively. Vinny Overseas's EBIT is ₹61.4M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹604.0K.
Key information
58.3%
Debt to equity ratio
₹174.05m
Debt
| Interest coverage ratio | 5.1x |
| Cash | ₹604.00k |
| Equity | ₹298.67m |
| Total liabilities | ₹376.12m |
| Total assets | ₹674.79m |
Recent financial health updates
We Think Vinny Overseas (NSE:VINNY) Is Taking Some Risk With Its Debt
Jul 05
We Think Vinny Overseas (NSE:VINNY) Has A Fair Chunk Of Debt
Jul 12Is Vinny Overseas (NSE:VINNY) A Risky Investment?
Jan 05Recent updates
Should You Be Adding Vinny Overseas (NSE:VINNY) To Your Watchlist Today?
Apr 16Vinny Overseas Limited (NSE:VINNY) Shares Fly 29% But Investors Aren't Buying For Growth
Feb 29Subdued Growth No Barrier To Vinny Overseas Limited's (NSE:VINNY) Price
Jan 05We Think Vinny Overseas (NSE:VINNY) Is Taking Some Risk With Its Debt
Jul 05Estimating The Fair Value Of Vinny Overseas Limited (NSE:VINNY)
Apr 19We Think Vinny Overseas (NSE:VINNY) Has A Fair Chunk Of Debt
Jul 12Is Vinny Overseas (NSE:VINNY) A Risky Investment?
Jan 05Financial Position Analysis
Short Term Liabilities: VINNY's short term assets (₹386.0M) exceed its short term liabilities (₹306.7M).
Long Term Liabilities: VINNY's short term assets (₹386.0M) exceed its long term liabilities (₹69.4M).
Debt to Equity History and Analysis
Debt Level: VINNY's net debt to equity ratio (58.1%) is considered high.
Reducing Debt: VINNY's debt to equity ratio has reduced from 101.2% to 58.3% over the past 5 years.
Debt Coverage: VINNY's debt is well covered by operating cash flow (30.1%).
Interest Coverage: VINNY's interest payments on its debt are well covered by EBIT (5.1x coverage).