Venky's (India) Balance Sheet Health
Financial Health criteria checks 6/6
Venky's (India) has a total shareholder equity of ₹13.4B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are ₹19.8B and ₹6.3B respectively. Venky's (India)'s EBIT is ₹730.4M making its interest coverage ratio 10.9. It has cash and short-term investments of ₹2.1B.
Key information
13.0%
Debt to equity ratio
₹1.74b
Debt
Interest coverage ratio | 10.9x |
Cash | ₹2.10b |
Equity | ₹13.44b |
Total liabilities | ₹6.32b |
Total assets | ₹19.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523261's short term assets (₹12.4B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: 523261's short term assets (₹12.4B) exceed its long term liabilities (₹530.6M).
Debt to Equity History and Analysis
Debt Level: 523261 has more cash than its total debt.
Reducing Debt: 523261's debt to equity ratio has reduced from 35% to 13% over the past 5 years.
Debt Coverage: 523261's debt is well covered by operating cash flow (38.6%).
Interest Coverage: 523261's interest payments on its debt are well covered by EBIT (10.9x coverage).