Visco Trade Associates Balance Sheet Health
Financial Health criteria checks 3/6
Visco Trade Associates has a total shareholder equity of ₹756.8M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 140.1%. Its total assets and total liabilities are ₹1.8B and ₹1.1B respectively. Visco Trade Associates's EBIT is ₹299.6M making its interest coverage ratio 5. It has cash and short-term investments of ₹36.0M.
Key information
140.1%
Debt to equity ratio
₹1.06b
Debt
| Interest coverage ratio | 5x |
| Cash | ₹36.01m |
| Equity | ₹756.85m |
| Total liabilities | ₹1.08b |
| Total assets | ₹1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540097's short term assets (₹1.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 540097's short term assets (₹1.5B) exceed its long term liabilities (₹2.6M).
Debt to Equity History and Analysis
Debt Level: 540097's net debt to equity ratio (135.3%) is considered high.
Reducing Debt: 540097's debt to equity ratio has increased from 3.8% to 140.1% over the past 5 years.
Debt Coverage: 540097's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 540097's interest payments on its debt are well covered by EBIT (5x coverage).