Viceroy Hotels Balance Sheet Health
Financial Health criteria checks 4/6
Viceroy Hotels has a total shareholder equity of ₹1.8B and total debt of ₹666.9M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are ₹2.6B and ₹823.7M respectively. Viceroy Hotels's EBIT is ₹72.6M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹315.6M.
Key information
37.0%
Debt to equity ratio
₹666.87m
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹315.58m |
| Equity | ₹1.80b |
| Total liabilities | ₹823.67m |
| Total assets | ₹2.63b |
Recent financial health updates
Recent updates
Viceroy Hotels' (NSE:VHLTD) Solid Profits Have Weak Fundamentals
Nov 22
The Return Trends At Viceroy Hotels (NSE:VHLTD) Look Promising
Sep 19Market Might Still Lack Some Conviction On Viceroy Hotels Limited (NSE:VHLTD) Even After 28% Share Price Boost
Jul 16The 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 (₹430.1M) exceed its short term liabilities (₹202.2M).
Long Term Liabilities: VHLTD's short term assets (₹430.1M) do not cover its long term liabilities (₹621.5M).
Debt to Equity History and Analysis
Debt Level: VHLTD's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: VHLTD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VHLTD's debt is well covered by operating cash flow (116.4%).
Interest Coverage: VHLTD's interest payments on its debt are not well covered by EBIT (2.7x coverage).