Vishal Fabrics Balance Sheet Health
Financial Health criteria checks 4/6
Vishal Fabrics has a total shareholder equity of ₹4.0B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 78.9%. Its total assets and total liabilities are ₹8.6B and ₹4.7B respectively. Vishal Fabrics's EBIT is ₹648.7M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹106.5M.
Key information
78.9%
Debt to equity ratio
₹3.14b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹106.54m |
| Equity | ₹3.98b |
| Total liabilities | ₹4.66b |
| Total assets | ₹8.64b |
Recent financial health updates
Is Vishal Fabrics (NSE:VISHAL) Using Too Much Debt?
Sep 09
Here's Why Vishal Fabrics (NSE:VISHAL) Can Manage Its Debt Responsibly
Mar 25We Think Vishal Fabrics (NSE:VISHAL) Is Taking Some Risk With Its Debt
Jun 28Does Vishal Fabrics (NSE:VISHAL) Have A Healthy Balance Sheet?
Dec 29These 4 Measures Indicate That Vishal Fabrics (NSE:VISHAL) Is Using Debt Extensively
Sep 22Recent updates
Vishal Fabrics (NSE:VISHAL) Is Experiencing Growth In Returns On Capital
Nov 18Is Vishal Fabrics (NSE:VISHAL) Using Too Much Debt?
Sep 09Returns on Capital Paint A Bright Future For Vishal Fabrics (NSE:VISHAL)
Feb 08Returns On Capital Are A Standout For Vishal Fabrics (NSE:VISHAL)
Jun 21Here's Why Vishal Fabrics (NSE:VISHAL) Can Manage Its Debt Responsibly
Mar 25Do Vishal Fabrics's (NSE:VISHAL) Earnings Warrant Your Attention?
Jan 11Vishal Fabrics (NSE:VISHAL) Will Want To Turn Around Its Return Trends
Aug 31We Think Vishal Fabrics (NSE:VISHAL) Is Taking Some Risk With Its Debt
Jun 28Is Vishal Fabrics Limited (NSE:VISHAL) A Smart Pick For Income Investors?
Mar 08Our Take On The Returns On Capital At Vishal Fabrics (NSE:VISHAL)
Feb 15Is Vishal Fabrics Limited's (NSE:VISHAL) ROE Of 3.2% Concerning?
Jan 26Does Vishal Fabrics (NSE:VISHAL) Have A Healthy Balance Sheet?
Dec 29Vishal Fabrics' (NSE:VISHAL) Stock Price Has Reduced 65% In The Past Year
Dec 08Is Vishal Fabrics (NSE:VISHAL) Likely To Turn Things Around?
Nov 17
Is Vishal Fabrics Limited's (NSE:VISHAL) 5.6% ROE Better Than Average?
Oct 27These 4 Measures Indicate That Vishal Fabrics (NSE:VISHAL) Is Using Debt Extensively
Sep 22Vishal Fabrics' (NSE:VISHAL) Stock Price Has Reduced22% In The Past Year
Aug 27The Price Is Right For Vishal Fabrics Limited (NSE:VISHAL)
Jul 24Financial Position Analysis
Short Term Liabilities: VISHAL's short term assets (₹5.9B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: VISHAL's short term assets (₹5.9B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: VISHAL's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: VISHAL's debt to equity ratio has reduced from 178.1% to 78.9% over the past 5 years.
Debt Coverage: VISHAL's debt is well covered by operating cash flow (23.5%).
Interest Coverage: VISHAL's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/03/27 19:58 |
| End of Day Share Price | 2023/12/29 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Vishal Fabrics Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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