Visagar Polytex Balance Sheet Health
Financial Health criteria checks 3/6
Visagar Polytex has a total shareholder equity of ₹19.3M and total debt of ₹57.8M, which brings its debt-to-equity ratio to 299.6%. Its total assets and total liabilities are ₹77.9M and ₹58.6M respectively.
Key information
299.6%
Debt to equity ratio
₹57.80m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹8.23m |
| Equity | ₹19.29m |
| Total liabilities | ₹58.58m |
| Total assets | ₹77.87m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VIVIDHA's short term assets (₹49.7M) exceed its short term liabilities (₹777.0K).
Long Term Liabilities: VIVIDHA's short term assets (₹49.7M) do not cover its long term liabilities (₹57.8M).
Debt to Equity History and Analysis
Debt Level: VIVIDHA's net debt to equity ratio (257%) is considered high.
Reducing Debt: VIVIDHA's debt to equity ratio has increased from 47.9% to 299.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VIVIDHA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VIVIDHA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 67.1% per year.