Vani Commercials Balance Sheet Health
Financial Health criteria checks 2/6
Vani Commercials has a total shareholder equity of ₹136.5M and total debt of ₹387.4M, which brings its debt-to-equity ratio to 283.8%. Its total assets and total liabilities are ₹542.1M and ₹405.6M respectively.
Key information
283.8%
Debt to equity ratio
₹387.40m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹7.80m |
| Equity | ₹136.50m |
| Total liabilities | ₹405.60m |
| Total assets | ₹542.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538918's short term assets (₹506.6M) exceed its short term liabilities (₹11.1M).
Long Term Liabilities: 538918's short term assets (₹506.6M) exceed its long term liabilities (₹394.5M).
Debt to Equity History and Analysis
Debt Level: 538918's net debt to equity ratio (278.1%) is considered high.
Reducing Debt: 538918's debt to equity ratio has increased from 91.9% to 283.8% over the past 5 years.
Debt Coverage: 538918's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 538918's interest payments on its debt are well covered by EBIT.