Vardhman Textiles Balance Sheet Health
Financial Health criteria checks 6/6
Vardhman Textiles has a total shareholder equity of ₹95.1B and total debt of ₹9.5B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ₹116.5B and ₹21.4B respectively. Vardhman Textiles's EBIT is ₹8.9B making its interest coverage ratio 54.8. It has cash and short-term investments of ₹13.5B.
Key information
10.0%
Debt to equity ratio
₹9.51b
Debt
| Interest coverage ratio | 54.8x |
| Cash | ₹13.46b |
| Equity | ₹95.11b |
| Total liabilities | ₹21.41b |
| Total assets | ₹116.51b |
Recent financial health updates
Here's Why Vardhman Textiles (NSE:VTL) Has A Meaningful Debt Burden
Jun 08
Here's Why Vardhman Textiles (NSE:VTL) Can Manage Its Debt Responsibly
Jun 03Here's Why Vardhman Textiles (NSE:VTL) Can Manage Its Debt Responsibly
Jan 28Is Vardhman Textiles (NSE:VTL) Using Too Much Debt?
Jun 28Vardhman Textiles (NSE:VTL) Has A Pretty Healthy Balance Sheet
Mar 28These 4 Measures Indicate That Vardhman Textiles (NSE:VTL) Is Using Debt Reasonably Well
Dec 19Recent updates
Is Vardhman Textiles Limited (NSE:VTL) Trading At A 22% Discount?
Oct 26Vardhman Textiles' (NSE:VTL) Returns On Capital Not Reflecting Well On The Business
Oct 08It's Unlikely That Vardhman Textiles Limited's (NSE:VTL) CEO Will See A Huge Pay Rise This Year
Sep 13Investors Continue Waiting On Sidelines For Vardhman Textiles Limited (NSE:VTL)
Sep 05There Are Reasons To Feel Uneasy About Vardhman Textiles' (NSE:VTL) Returns On Capital
Jun 26Here's Why Vardhman Textiles (NSE:VTL) Has A Meaningful Debt Burden
Jun 08Vardhman Textiles' (NSE:VTL) Anemic Earnings Might Be Worse Than You Think
May 21Vardhman Textiles Limited (NSE:VTL) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 14Be Wary Of Vardhman Textiles (NSE:VTL) And Its Returns On Capital
Feb 20Vardhman Textiles Limited Just Recorded A 9.2% EPS Beat: Here's What Analysts Are Forecasting Next
Jan 28Potential Upside For Vardhman Textiles Limited (NSE:VTL) Not Without Risk
Jan 09Vardhman Textiles (NSE:VTL) Could Be Struggling To Allocate Capital
Nov 10Shareholders May Be More Conservative With Vardhman Textiles Limited's (NSE:VTL) CEO Compensation For Now
Sep 24Vardhman Textiles Limited (NSE:VTL) Shares Could Be 21% Below Their Intrinsic Value Estimate
Sep 13Return Trends At Vardhman Textiles (NSE:VTL) Aren't Appealing
Aug 05Here's Why Vardhman Textiles (NSE:VTL) Can Manage Its Debt Responsibly
Jun 03Here's What To Make Of Vardhman Textiles' (NSE:VTL) Decelerating Rates Of Return
May 04Here's Why Vardhman Textiles (NSE:VTL) Can Manage Its Debt Responsibly
Jan 28A Look At The Fair Value Of Vardhman Textiles Limited (NSE:VTL)
Dec 30Do Vardhman Textiles' (NSE:VTL) Earnings Warrant Your Attention?
Oct 28Vardhman Textiles (NSE:VTL) Knows How To Allocate Capital Effectively
Sep 17Is Vardhman Textiles Limited (NSE:VTL) Trading At A 46% Discount?
Jul 19Is Vardhman Textiles (NSE:VTL) Using Too Much Debt?
Jun 28Vardhman Textiles (NSE:VTL) Is Investing Its Capital With Increasing Efficiency
Jun 01Vardhman Textiles Limited's (NSE:VTL) Intrinsic Value Is Potentially 20% Below Its Share Price
Apr 13Vardhman Textiles (NSE:VTL) Has A Pretty Healthy Balance Sheet
Mar 28Here's Why I Think Vardhman Textiles (NSE:VTL) Is An Interesting Stock
Mar 14Vardhman Textiles (NSE:VTL) Is Investing Its Capital With Increasing Efficiency
Jan 28These 4 Measures Indicate That Vardhman Textiles (NSE:VTL) Is Using Debt Reasonably Well
Dec 19Does Vardhman Textiles (NSE:VTL) Deserve A Spot On Your Watchlist?
Dec 06Capital Allocation Trends At Vardhman Textiles (NSE:VTL) Aren't Ideal
Oct 27Shareholders Will Probably Hold Off On Increasing Vardhman Textiles Limited's (NSE:VTL) CEO Compensation For The Time Being
Sep 21Vardhman Textiles (NSE:VTL) Has A Pretty Healthy Balance Sheet
Sep 13Vardhman Textiles (NSE:VTL) Will Want To Turn Around Its Return Trends
Jul 22Financial Position Analysis
Short Term Liabilities: VTL's short term assets (₹59.5B) exceed its short term liabilities (₹14.5B).
Long Term Liabilities: VTL's short term assets (₹59.5B) exceed its long term liabilities (₹6.9B).
Debt to Equity History and Analysis
Debt Level: VTL has more cash than its total debt.
Reducing Debt: VTL's debt to equity ratio has reduced from 25.4% to 10% over the past 5 years.
Debt Coverage: VTL's debt is well covered by operating cash flow (60.8%).
Interest Coverage: VTL's interest payments on its debt are well covered by EBIT (54.8x coverage).