Vasudhagama Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
Vasudhagama Enterprises has a total shareholder equity of ₹410.5M and total debt of ₹2.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹463.7M and ₹53.2M respectively. Vasudhagama Enterprises's EBIT is ₹13.4M making its interest coverage ratio -6716.5. It has cash and short-term investments of ₹622.0K.
Key information
0.5%
Debt to equity ratio
₹2.00m
Debt
Interest coverage ratio | -6716.5x |
Cash | ₹622.00k |
Equity | ₹410.53m |
Total liabilities | ₹53.19m |
Total assets | ₹463.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539291's short term assets (₹120.2M) exceed its short term liabilities (₹50.7M).
Long Term Liabilities: 539291's short term assets (₹120.2M) exceed its long term liabilities (₹2.5M).
Debt to Equity History and Analysis
Debt Level: 539291's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 539291's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 539291's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539291 earns more interest than it pays, so coverage of interest payments is not a concern.