Visaka Industries Balance Sheet Health
Financial Health criteria checks 2/6
Visaka Industries has a total shareholder equity of ₹7.4B and total debt of ₹5.2B, which brings its debt-to-equity ratio to 70.1%. Its total assets and total liabilities are ₹14.4B and ₹7.0B respectively. Visaka Industries's EBIT is ₹173.5M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹158.5M.
Key information
70.1%
Debt to equity ratio
₹5.20b
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹158.50m |
| Equity | ₹7.42b |
| Total liabilities | ₹6.98b |
| Total assets | ₹14.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509055's short term assets (₹6.5B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: 509055's short term assets (₹6.5B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 509055's net debt to equity ratio (67.9%) is considered high.
Reducing Debt: 509055's debt to equity ratio has increased from 37.2% to 70.1% over the past 5 years.
Debt Coverage: 509055's debt is not well covered by operating cash flow (7%).
Interest Coverage: 509055's interest payments on its debt are not well covered by EBIT (0.5x coverage).