Vinati Organics Balance Sheet Health
Financial Health criteria checks 6/6
Vinati Organics has a total shareholder equity of ₹23.1B and total debt of ₹2.1M, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are ₹26.5B and ₹3.3B respectively. Vinati Organics's EBIT is ₹4.3B making its interest coverage ratio -21.6. It has cash and short-term investments of ₹2.2B.
Key information
0.009%
Debt to equity ratio
₹2.12m
Debt
Interest coverage ratio | -21.6x |
Cash | ₹2.23b |
Equity | ₹23.13b |
Total liabilities | ₹3.33b |
Total assets | ₹26.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524200's short term assets (₹9.3B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 524200's short term assets (₹9.3B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 524200 has more cash than its total debt.
Reducing Debt: 524200's debt to equity ratio has reduced from 0.08% to 0.01% over the past 5 years.
Debt Coverage: 524200's debt is well covered by operating cash flow (295888.6%).
Interest Coverage: 524200 earns more interest than it pays, so coverage of interest payments is not a concern.