Viceroy Hotels Balance Sheet Health
Financial Health criteria checks 1/6
Viceroy Hotels has a total shareholder equity of ₹668.1M and total debt of ₹1.7B, which brings its debt-to-equity ratio to 252%. Its total assets and total liabilities are ₹3.3B and ₹2.6B respectively. Viceroy Hotels's EBIT is ₹71.4M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹304.4M.
Key information
252.0%
Debt to equity ratio
₹1.68b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹304.38m |
| Equity | ₹668.10m |
| Total liabilities | ₹2.60b |
| Total assets | ₹3.27b |
Recent financial health updates
Recent updates
Market Might Still Lack Some Conviction On Viceroy Hotels Limited (NSE:VHLTD) Even After 28% Share Price Boost
Jul 16
The Market Lifts Viceroy Hotels Limited (NSE:VHLTD) Shares 27% But It Can Do More
May 22Viceroy Hotels Limited (NSE:VICEROY) Surges 31% Yet Its Low P/S Is No Reason For Excitement
Sep 08Investors Will Want Viceroy Hotels' (NSE:VICEROY) Growth In ROCE To Persist
Jun 01Viceroy Hotels (NSE:VICEROY) Has Debt But No Earnings; Should You Worry?
Dec 31Financial Position Analysis
Short Term Liabilities: VHLTD's short term assets (₹582.3M) do not cover its short term liabilities (₹634.9M).
Long Term Liabilities: VHLTD's short term assets (₹582.3M) do not cover its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: VHLTD's net debt to equity ratio (206.5%) is considered high.
Reducing Debt: VHLTD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VHLTD's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: VHLTD's interest payments on its debt are not well covered by EBIT (2.5x coverage).