Vinyoflex Balance Sheet Health
Financial Health criteria checks 5/6
Vinyoflex has a total shareholder equity of ₹312.5M and total debt of ₹7.1M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹340.3M and ₹27.8M respectively. Vinyoflex's EBIT is ₹38.6M making its interest coverage ratio -22.5. It has cash and short-term investments of ₹100.6M.
Key information
2.3%
Debt to equity ratio
₹7.12m
Debt
| Interest coverage ratio | -22.5x |
| Cash | ₹100.60m |
| Equity | ₹312.50m |
| Total liabilities | ₹27.80m |
| Total assets | ₹340.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530401's short term assets (₹269.8M) exceed its short term liabilities (₹24.4M).
Long Term Liabilities: 530401's short term assets (₹269.8M) exceed its long term liabilities (₹3.4M).
Debt to Equity History and Analysis
Debt Level: 530401 has more cash than its total debt.
Reducing Debt: 530401's debt to equity ratio has increased from 0% to 2.3% over the past 5 years.
Debt Coverage: 530401's debt is well covered by operating cash flow (51325235%).
Interest Coverage: 530401 earns more interest than it pays, so coverage of interest payments is not a concern.