Visaka Industries Balance Sheet Health
Financial Health criteria checks 2/6
Visaka Industries has a total shareholder equity of ₹7.6B and total debt of ₹4.7B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are ₹14.3B and ₹6.7B respectively. Visaka Industries's EBIT is ₹323.9M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹131.4M.
Key information
61.9%
Debt to equity ratio
₹4.71b
Debt
Interest coverage ratio | 1.1x |
Cash | ₹131.41m |
Equity | ₹7.60b |
Total liabilities | ₹6.72b |
Total assets | ₹14.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509055's short term assets (₹6.4B) exceed its short term liabilities (₹4.7B).
Long Term Liabilities: 509055's short term assets (₹6.4B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 509055's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: 509055's debt to equity ratio has increased from 36.2% to 61.9% over the past 5 years.
Debt Coverage: 509055's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 509055's interest payments on its debt are not well covered by EBIT (1.1x coverage).