Vadilal Industries Balance Sheet Health
Financial Health criteria checks 6/6
Vadilal Industries has a total shareholder equity of ₹5.4B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are ₹9.2B and ₹3.7B respectively. Vadilal Industries's EBIT is ₹2.0B making its interest coverage ratio 11.1. It has cash and short-term investments of ₹637.6M.
Key information
21.7%
Debt to equity ratio
₹1.18b
Debt
Interest coverage ratio | 11.1x |
Cash | ₹637.60m |
Equity | ₹5.43b |
Total liabilities | ₹3.74b |
Total assets | ₹9.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519156's short term assets (₹4.3B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 519156's short term assets (₹4.3B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 519156's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: 519156's debt to equity ratio has reduced from 71.1% to 21.7% over the past 5 years.
Debt Coverage: 519156's debt is well covered by operating cash flow (162.9%).
Interest Coverage: 519156's interest payments on its debt are well covered by EBIT (11.1x coverage).