Vapi Enterprise Balance Sheet Health
Financial Health criteria checks 6/6
Vapi Enterprise has a total shareholder equity of ₹339.0M and total debt of ₹4.7M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹462.5M and ₹123.5M respectively. Vapi Enterprise's EBIT is ₹1.1M making its interest coverage ratio -0.1. It has cash and short-term investments of ₹290.1M.
Key information
1.4%
Debt to equity ratio
₹4.75m
Debt
| Interest coverage ratio | -0.1x |
| Cash | ₹290.07m |
| Equity | ₹339.01m |
| Total liabilities | ₹123.52m |
| Total assets | ₹462.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502589's short term assets (₹399.2M) exceed its short term liabilities (₹118.0M).
Long Term Liabilities: 502589's short term assets (₹399.2M) exceed its long term liabilities (₹5.6M).
Debt to Equity History and Analysis
Debt Level: 502589 has more cash than its total debt.
Reducing Debt: 502589 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 502589's debt is well covered by operating cash flow (322.5%).
Interest Coverage: 502589 earns more interest than it pays, so coverage of interest payments is not a concern.