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
Venky's (India) (NSE:VENKEYS) Has A Pretty Healthy Balance Sheet
May 12
We Think Venky's (India) (NSE:VENKEYS) Can Stay On Top Of Its Debt
Jan 13Venky's (India) (NSE:VENKEYS) Has A Pretty Healthy Balance Sheet
Aug 09Venky's (India) (NSE:VENKEYS) Seems To Use Debt Quite Sensibly
Mar 24Venky's (India) (NSE:VENKEYS) Is Making Moderate Use Of Debt
Dec 16
Would Venky's (India) (NSE:VENKEYS) Be Better Off With Less Debt?
Aug 11Recent updates
Getting In Cheap On Venky's (India) Limited (NSE:VENKEYS) Is Unlikely
Apr 05Venky's (India) (NSE:VENKEYS) Has Announced That Its Dividend Will Be Reduced To ₹6.00
Aug 26Venky's (India) (NSE:VENKEYS) Has A Pretty Healthy Balance Sheet
May 12We Think Venky's (India) (NSE:VENKEYS) Can Stay On Top Of Its Debt
Jan 13Venky's (India) (NSE:VENKEYS) Knows How To Allocate Capital Effectively
Aug 27Venky's (India) (NSE:VENKEYS) Has A Pretty Healthy Balance Sheet
Aug 09Investors Should Be Encouraged By Venky's (India)'s (NSE:VENKEYS) Returns On Capital
May 17Venky's (India) (NSE:VENKEYS) Seems To Use Debt Quite Sensibly
Mar 24Venky's (India) Limited's (NSE:VENKEYS) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Mar 03Returns On Capital At Venky's (India) (NSE:VENKEYS) Paint An Interesting Picture
Feb 09What Type Of Shareholders Make Up Venky's (India) Limited's (NSE:VENKEYS) Share Registry?
Jan 20Venky's (India) (NSE:VENKEYS) Is Making Moderate Use Of Debt
Dec 16Can You Imagine How Elated Venky's (India)'s (NSE:VENKEYS) Shareholders Feel About Its 431% Share Price Gain?
Nov 11Is Venky's (India) Limited's (NSE:VENKEYS) Shareholder Ownership Skewed Towards Insiders?
Sep 16Would Venky's (India) (NSE:VENKEYS) Be Better Off With Less Debt?
Aug 11Venky's (India) (NSE:VENKEYS) Is Carrying A Fair Bit Of Debt
Aug 11Financial Position Analysis
Short Term Liabilities: VENKEYS's short term assets (₹12.4B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: VENKEYS's short term assets (₹12.4B) exceed its long term liabilities (₹530.6M).
Debt to Equity History and Analysis
Debt Level: VENKEYS has more cash than its total debt.
Reducing Debt: VENKEYS's debt to equity ratio has reduced from 35% to 13% over the past 5 years.
Debt Coverage: VENKEYS's debt is well covered by operating cash flow (38.6%).
Interest Coverage: VENKEYS's interest payments on its debt are well covered by EBIT (10.9x coverage).