Visco Trade Associates Balance Sheet Health
Financial Health criteria checks 3/6
Visco Trade Associates has a total shareholder equity of ₹1.2B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 99.7%. Its total assets and total liabilities are ₹2.6B and ₹1.3B respectively. Visco Trade Associates's EBIT is ₹663.2M making its interest coverage ratio 9.4. It has cash and short-term investments of ₹11.8M.
Key information
99.7%
Debt to equity ratio
₹1.22b
Debt
| Interest coverage ratio | 9.4x |
| Cash | ₹11.82m |
| Equity | ₹1.22b |
| Total liabilities | ₹1.34b |
| Total assets | ₹2.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540097's short term assets (₹666.1M) do not cover its short term liabilities (₹1.3B).
Long Term Liabilities: 540097's short term assets (₹666.1M) exceed its long term liabilities (₹37.5M).
Debt to Equity History and Analysis
Debt Level: 540097's net debt to equity ratio (98.7%) is considered high.
Reducing Debt: 540097's debt to equity ratio has increased from 5.3% to 99.7% over the past 5 years.
Debt Coverage: 540097's debt is well covered by operating cash flow (115.6%).
Interest Coverage: 540097's interest payments on its debt are well covered by EBIT (9.4x coverage).