Vani Commercials Balance Sheet Health
Financial Health criteria checks 2/6
Vani Commercials has a total shareholder equity of ₹133.3M and total debt of ₹424.3M, which brings its debt-to-equity ratio to 318.3%. Its total assets and total liabilities are ₹566.9M and ₹433.6M respectively.
Key information
318.3%
Debt to equity ratio
₹424.30m
Debt
Interest coverage ratio | n/a |
Cash | ₹700.00k |
Equity | ₹133.30m |
Total liabilities | ₹433.60m |
Total assets | ₹566.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538918's short term assets (₹522.5M) exceed its short term liabilities (₹3.8M).
Long Term Liabilities: 538918's short term assets (₹522.5M) exceed its long term liabilities (₹429.8M).
Debt to Equity History and Analysis
Debt Level: 538918's net debt to equity ratio (317.8%) is considered high.
Reducing Debt: 538918's debt to equity ratio has increased from 0% to 318.3% over the past 5 years.
Debt Coverage: 538918's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: Insufficient data to determine if 538918's interest payments on its debt are well covered by EBIT.