Vaidya Sane Ayurved Laboratories Balance Sheet Health
Financial Health criteria checks 5/6
Vaidya Sane Ayurved Laboratories has a total shareholder equity of ₹556.0M and total debt of ₹16.8M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ₹708.9M and ₹152.9M respectively. Vaidya Sane Ayurved Laboratories's EBIT is ₹13.6M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹193.6M.
Key information
3.0%
Debt to equity ratio
₹16.78m
Debt
Interest coverage ratio | 5.5x |
Cash | ₹193.59m |
Equity | ₹556.03m |
Total liabilities | ₹152.89m |
Total assets | ₹708.91m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MADHAVBAUG's short term assets (₹334.7M) exceed its short term liabilities (₹139.3M).
Long Term Liabilities: MADHAVBAUG's short term assets (₹334.7M) exceed its long term liabilities (₹13.6M).
Debt to Equity History and Analysis
Debt Level: MADHAVBAUG has more cash than its total debt.
Reducing Debt: MADHAVBAUG's debt to equity ratio has reduced from 98.7% to 3% over the past 5 years.
Debt Coverage: MADHAVBAUG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MADHAVBAUG's interest payments on its debt are well covered by EBIT (5.5x coverage).