Vinny Overseas Balance Sheet Health
Financial Health criteria checks 5/6
Vinny Overseas has a total shareholder equity of ₹777.1M and total debt of ₹92.8M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are ₹1.1B and ₹311.7M respectively. Vinny Overseas's EBIT is ₹35.4M making its interest coverage ratio 3. It has cash and short-term investments of ₹396.2M.
Key information
11.9%
Debt to equity ratio
₹92.80m
Debt
| Interest coverage ratio | 3x |
| Cash | ₹396.19m |
| Equity | ₹777.13m |
| Total liabilities | ₹311.72m |
| Total assets | ₹1.09b |
Recent financial health updates
Vinny Overseas (NSE:VINNY) Seems To Use Debt Quite Sensibly
Sep 17
We Think Vinny Overseas (NSE:VINNY) Is Taking Some Risk With Its Debt
Jul 05We Think Vinny Overseas (NSE:VINNY) Has A Fair Chunk Of Debt
Jul 12Is Vinny Overseas (NSE:VINNY) A Risky Investment?
Jan 05Recent updates
Vinny Overseas Limited's (NSE:VINNY) Popularity With Investors Under Threat As Stock Sinks 32%
Oct 04Vinny Overseas (NSE:VINNY) Seems To Use Debt Quite Sensibly
Sep 17Vinny Overseas Limited's (NSE:VINNY) 33% Price Boost Is Out Of Tune With Earnings
Aug 20With EPS Growth And More, Vinny Overseas (NSE:VINNY) Makes An Interesting Case
Aug 12Should 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 (₹770.6M) exceed its short term liabilities (₹293.2M).
Long Term Liabilities: VINNY's short term assets (₹770.6M) exceed its long term liabilities (₹18.5M).
Debt to Equity History and Analysis
Debt Level: VINNY has more cash than its total debt.
Reducing Debt: VINNY's debt to equity ratio has reduced from 79.7% to 11.9% over the past 5 years.
Debt Coverage: VINNY's debt is well covered by operating cash flow (136.5%).
Interest Coverage: VINNY's interest payments on its debt are not well covered by EBIT (3x coverage).