Vamshi Rubber Balance Sheet Health
Financial Health criteria checks 3/6
Vamshi Rubber has a total shareholder equity of ₹131.5M and total debt of ₹173.6M, which brings its debt-to-equity ratio to 132%. Its total assets and total liabilities are ₹423.8M and ₹292.3M respectively. Vamshi Rubber's EBIT is ₹24.0M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹942.1K.
Key information
132.0%
Debt to equity ratio
₹173.59m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹942.06k |
Equity | ₹131.49m |
Total liabilities | ₹292.26m |
Total assets | ₹423.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530369's short term assets (₹278.7M) exceed its short term liabilities (₹243.5M).
Long Term Liabilities: 530369's short term assets (₹278.7M) exceed its long term liabilities (₹48.7M).
Debt to Equity History and Analysis
Debt Level: 530369's net debt to equity ratio (131.3%) is considered high.
Reducing Debt: 530369's debt to equity ratio has reduced from 152.9% to 132% over the past 5 years.
Debt Coverage: 530369's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530369's interest payments on its debt are not well covered by EBIT (1.3x coverage).