Vardhman Textiles Balance Sheet Health
Financial Health criteria checks 6/6
Vardhman Textiles has a total shareholder equity of ₹89.3B and total debt of ₹15.1B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are ₹114.6B and ₹25.4B respectively. Vardhman Textiles's EBIT is ₹5.7B making its interest coverage ratio 11. It has cash and short-term investments of ₹19.3B.
Key information
17.0%
Debt to equity ratio
₹15.15b
Debt
Interest coverage ratio | 11x |
Cash | ₹19.26b |
Equity | ₹89.25b |
Total liabilities | ₹25.37b |
Total assets | ₹114.63b |
Recent financial health updates
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 19Vardhman Textiles (NSE:VTL) Has A Pretty Healthy Balance Sheet
Sep 13Recent updates
Be 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 22Vardhman Textiles (NSE:VTL) Takes On Some Risk With Its Use Of Debt
Jun 15How Much Of Vardhman Textiles Limited (NSE:VTL) Do Institutions Own?
Mar 18Is Vardhman Textiles Limited (NSE:VTL) Trading At A 22% Discount?
Mar 03Did You Miss Vardhman Textiles' (NSE:VTL) 35% Share Price Gain?
Feb 15Here's What To Make Of Vardhman Textiles' (NSE:VTL) Returns On Capital
Feb 04Vardhman Textiles Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Jan 23At ₹1,053, Is Vardhman Textiles Limited (NSE:VTL) Worth Looking At Closely?
Jan 19The Director of Operations of Vardhman Textiles Limited (NSE:VTL), Bal Choudhary, Just Sold 67% Of Their Holding
Jan 06What Can We Learn About Vardhman Textiles' (NSE:VTL) CEO Compensation?
Dec 29Financial Position Analysis
Short Term Liabilities: VTL's short term assets (₹60.6B) exceed its short term liabilities (₹13.2B).
Long Term Liabilities: VTL's short term assets (₹60.6B) exceed its long term liabilities (₹12.2B).
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 25.2% to 17% over the past 5 years.
Debt Coverage: VTL's debt is well covered by operating cash flow (48.3%).
Interest Coverage: VTL's interest payments on its debt are well covered by EBIT (11x coverage).