Vitesse Agro Balance Sheet Health
Financial Health criteria checks 2/6
Vitesse Agro has a total shareholder equity of ₹80.2M and total debt of ₹74.1M, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are ₹208.3M and ₹128.1M respectively.
Key information
92.3%
Debt to equity ratio
₹74.07m
Debt
Interest coverage ratio | n/a |
Cash | ₹16.80m |
Equity | ₹80.25m |
Total liabilities | ₹128.09m |
Total assets | ₹208.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540823's short term assets (₹126.8M) exceed its short term liabilities (₹124.5M).
Long Term Liabilities: 540823's short term assets (₹126.8M) exceed its long term liabilities (₹3.6M).
Debt to Equity History and Analysis
Debt Level: 540823's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: 540823's debt to equity ratio has increased from 0% to 92.3% over the past 5 years.
Debt Coverage: 540823's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 540823's interest payments on its debt are well covered by EBIT.