V.I.P. Industries Balance Sheet Health
Financial Health criteria checks 4/6
V.I.P. Industries has a total shareholder equity of ₹7.2B and total debt of ₹5.3B, which brings its debt-to-equity ratio to 74%. Its total assets and total liabilities are ₹18.0B and ₹10.9B respectively. V.I.P. Industries's EBIT is ₹1.7B making its interest coverage ratio 4.4. It has cash and short-term investments of ₹411.6M.
Key information
74.0%
Debt to equity ratio
₹5.29b
Debt
Interest coverage ratio | 4.4x |
Cash | ₹411.60m |
Equity | ₹7.16b |
Total liabilities |