Vivid Global Industries Balance Sheet Health
Financial Health criteria checks 6/6
Vivid Global Industries has a total shareholder equity of ₹150.7M and total debt of ₹9.2M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹277.4M and ₹126.7M respectively. Vivid Global Industries's EBIT is ₹8.4M making its interest coverage ratio 24.7. It has cash and short-term investments of ₹31.5M.
Key information
6.1%
Debt to equity ratio
₹9.15m
Debt
| Interest coverage ratio | 24.7x |
| Cash | ₹31.53m |
| Equity | ₹150.69m |
| Total liabilities | ₹126.73m |
| Total assets | ₹277.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524576's short term assets (₹222.8M) exceed its short term liabilities (₹121.2M).
Long Term Liabilities: 524576's short term assets (₹222.8M) exceed its long term liabilities (₹5.5M).
Debt to Equity History and Analysis
Debt Level: 524576 has more cash than its total debt.
Reducing Debt: 524576's debt to equity ratio has reduced from 15.4% to 6.1% over the past 5 years.
Debt Coverage: 524576's debt is well covered by operating cash flow (327%).
Interest Coverage: 524576's interest payments on its debt are well covered by EBIT (24.7x coverage).