Vinny Overseas Balance Sheet Health
Financial Health criteria checks 5/6
Vinny Overseas has a total shareholder equity of ₹313.3M and total debt of ₹151.4M, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are ₹660.6M and ₹347.3M respectively. Vinny Overseas's EBIT is ₹53.0M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹2.5M.
Key information
48.3%
Debt to equity ratio
₹151.37m
Debt
Interest coverage ratio | 3.2x |
Cash | ₹2.52m |
Equity | ₹313.35m |
Total liabilities | ₹347.28m |
Total assets | ₹660.63m |
Recent financial health updates
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
With 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 (₹356.0M) exceed its short term liabilities (₹309.9M).
Long Term Liabilities: VINNY's short term assets (₹356.0M) exceed its long term liabilities (₹37.4M).
Debt to Equity History and Analysis
Debt Level: VINNY's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: VINNY's debt to equity ratio has reduced from 96.6% to 48.3% over the past 5 years.
Debt Coverage: VINNY's debt is well covered by operating cash flow (107.1%).
Interest Coverage: VINNY's interest payments on its debt are well covered by EBIT (3.2x coverage).