Vishnu Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Vishnu Chemicals has a total shareholder equity of ₹7.0B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are ₹13.3B and ₹6.2B respectively. Vishnu Chemicals's EBIT is ₹1.7B making its interest coverage ratio 4.6. It has cash and short-term investments of ₹617.1M.
Key information
45.0%
Debt to equity ratio
₹3.15b
Debt
Interest coverage ratio | 4.6x |
Cash | ₹617.07m |
Equity | ₹7.01b |
Total liabilities | ₹6.24b |
Total assets | ₹13.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516072's short term assets (₹6.6B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: 516072's short term assets (₹6.6B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 516072's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: 516072's debt to equity ratio has reduced from 242.9% to 45% over the past 5 years.
Debt Coverage: 516072's debt is well covered by operating cash flow (21.4%).
Interest Coverage: 516072's interest payments on its debt are well covered by EBIT (4.6x coverage).