Vipul Organics Balance Sheet Health
Financial Health criteria checks 4/6
Vipul Organics has a total shareholder equity of ₹602.3M and total debt of ₹305.3M, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are ₹1.5B and ₹921.9M respectively. Vipul Organics's EBIT is ₹74.5M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹23.3M.
Key information
50.7%
Debt to equity ratio
₹305.33m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹23.28m |
| Equity | ₹602.26m |
| Total liabilities | ₹921.87m |
| Total assets | ₹1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530627's short term assets (₹1.1B) exceed its short term liabilities (₹856.9M).
Long Term Liabilities: 530627's short term assets (₹1.1B) exceed its long term liabilities (₹64.9M).
Debt to Equity History and Analysis
Debt Level: 530627's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: 530627's debt to equity ratio has reduced from 67.9% to 50.7% over the past 5 years.
Debt Coverage: 530627's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 530627's interest payments on its debt are well covered by EBIT (3.3x coverage).