Virat Crane Industries Balance Sheet Health
Financial Health criteria checks 5/6
Virat Crane Industries has a total shareholder equity of ₹575.8M and total debt of ₹57.9M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are ₹808.9M and ₹233.1M respectively. Virat Crane Industries's EBIT is ₹93.7M making its interest coverage ratio 88.7. It has cash and short-term investments of ₹6.0M.
Key information
10.1%
Debt to equity ratio
₹57.89m
Debt
| Interest coverage ratio | 88.7x |
| Cash | ₹5.98m |
| Equity | ₹575.83m |
| Total liabilities | ₹233.06m |
| Total assets | ₹808.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519457's short term assets (₹297.2M) exceed its short term liabilities (₹212.6M).
Long Term Liabilities: 519457's short term assets (₹297.2M) exceed its long term liabilities (₹20.5M).
Debt to Equity History and Analysis
Debt Level: 519457's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: 519457's debt to equity ratio has increased from 7% to 10.1% over the past 5 years.
Debt Coverage: 519457's debt is well covered by operating cash flow (280.9%).
Interest Coverage: 519457's interest payments on its debt are well covered by EBIT (88.7x coverage).