Vijay Solvex Balance Sheet Health
Financial Health criteria checks 5/6
Vijay Solvex has a total shareholder equity of ₹3.2B and total debt of ₹659.4M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ₹4.6B and ₹1.4B respectively.
Key information
20.4%
Debt to equity ratio
₹659.43m
Debt
Interest coverage ratio | n/a |
Cash | ₹544.36m |
Equity | ₹3.23b |
Total liabilities | ₹1.42b |
Total assets | ₹4.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531069's short term assets (₹3.1B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 531069's short term assets (₹3.1B) exceed its long term liabilities (₹93.0M).
Debt to Equity History and Analysis
Debt Level: 531069's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: 531069's debt to equity ratio has reduced from 63.5% to 20.4% over the past 5 years.
Debt Coverage: 531069's debt is well covered by operating cash flow (65.9%).
Interest Coverage: Insufficient data to determine if 531069's interest payments on its debt are well covered by EBIT.