Vasudhagama Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
Vasudhagama Enterprises has a total shareholder equity of ₹422.2M and total debt of ₹12.2M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ₹472.2M and ₹50.0M respectively. Vasudhagama Enterprises's EBIT is ₹32.3M making its interest coverage ratio -16165. It has cash and short-term investments of ₹2.7M.
Key information
2.9%
Debt to equity ratio
₹12.16m
Debt
| Interest coverage ratio | -16165x |
| Cash | ₹2.66m |
| Equity | ₹422.20m |
| Total liabilities | ₹50.04m |
| Total assets | ₹472.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539291's short term assets (₹126.3M) exceed its short term liabilities (₹48.7M).
Long Term Liabilities: 539291's short term assets (₹126.3M) exceed its long term liabilities (₹1.4M).
Debt to Equity History and Analysis
Debt Level: 539291's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 539291's debt to equity ratio has increased from 0% to 2.9% 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.