Virtual Global Education Balance Sheet Health
Financial Health criteria checks 3/6
Virtual Global Education has a total shareholder equity of ₹632.7M and total debt of ₹23.2M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹807.7M and ₹175.0M respectively.
Key information
3.7%
Debt to equity ratio
₹23.20m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹6.56m |
| Equity | ₹632.69m |
| Total liabilities | ₹174.98m |
| Total assets | ₹807.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534741's short term assets (₹236.1M) exceed its short term liabilities (₹51.4M).
Long Term Liabilities: 534741's short term assets (₹236.1M) exceed its long term liabilities (₹123.5M).
Debt to Equity History and Analysis
Debt Level: 534741's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: 534741's debt to equity ratio has increased from 3.6% to 3.7% over the past 5 years.
Debt Coverage: 534741's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 534741's interest payments on its debt are well covered by EBIT.