Virat Crane Industries Balance Sheet Health
Financial Health criteria checks 6/6
Virat Crane Industries has a total shareholder equity of ₹683.6M and total debt of ₹8.5M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹850.9M and ₹167.2M respectively. Virat Crane Industries's EBIT is ₹133.0M making its interest coverage ratio 35.5. It has cash and short-term investments of ₹8.8M.
Key information
1.2%
Debt to equity ratio
₹8.48m
Debt
| Interest coverage ratio | 35.5x |
| Cash | ₹8.76m |
| Equity | ₹683.65m |
| Total liabilities | ₹167.24m |
| Total assets | ₹850.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519457's short term assets (₹423.6M) exceed its short term liabilities (₹156.2M).
Long Term Liabilities: 519457's short term assets (₹423.6M) exceed its long term liabilities (₹11.0M).
Debt to Equity History and Analysis
Debt Level: 519457 has more cash than its total debt.
Reducing Debt: 519457's debt to equity ratio has reduced from 7% to 1.2% over the past 5 years.
Debt Coverage: 519457's debt is well covered by operating cash flow (283.3%).
Interest Coverage: 519457's interest payments on its debt are well covered by EBIT (35.5x coverage).