Vadilal Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
Vadilal Enterprises has a total shareholder equity of ₹180.6M and total debt of ₹259.4M, which brings its debt-to-equity ratio to 143.6%. Its total assets and total liabilities are ₹2.3B and ₹2.1B respectively. Vadilal Enterprises's EBIT is ₹135.5M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹68.9M.
Key information
143.6%
Debt to equity ratio
₹259.40m
Debt
Interest coverage ratio | 3.9x |
Cash | ₹68.90m |
Equity | ₹180.60m |
Total liabilities | ₹2.13b |
Total assets | ₹2.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519152's short term assets (₹1.2B) do not cover its short term liabilities (₹1.9B).
Long Term Liabilities: 519152's short term assets (₹1.2B) exceed its long term liabilities (₹184.4M).
Debt to Equity History and Analysis
Debt Level: 519152's net debt to equity ratio (105.5%) is considered high.
Reducing Debt: 519152's debt to equity ratio has reduced from 735.2% to 143.6% over the past 5 years.
Debt Coverage: 519152's debt is well covered by operating cash flow (66.8%).
Interest Coverage: 519152's interest payments on its debt are well covered by EBIT (3.9x coverage).