Vivid Global Industries Balance Sheet Health
Financial Health criteria checks 4/6
Vivid Global Industries has a total shareholder equity of ₹147.7M and total debt of ₹32.3M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are ₹279.2M and ₹131.5M respectively. Vivid Global Industries's EBIT is ₹4.9M making its interest coverage ratio -4.7. It has cash and short-term investments of ₹31.9M.
Key information
21.9%
Debt to equity ratio
₹32.29m
Debt
Interest coverage ratio | -4.7x |
Cash | ₹31.87m |
Equity | ₹147.69m |
Total liabilities | ₹131.51m |
Total assets | ₹279.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524576's short term assets (₹219.2M) exceed its short term liabilities (₹124.9M).
Long Term Liabilities: 524576's short term assets (₹219.2M) exceed its long term liabilities (₹6.6M).
Debt to Equity History and Analysis
Debt Level: 524576's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 524576's debt to equity ratio has increased from 20.5% to 21.9% over the past 5 years.
Debt Coverage: 524576's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 524576 earns more interest than it pays, so coverage of interest payments is not a concern.