Vipul Organics Balance Sheet Health
Financial Health criteria checks 4/6
Vipul Organics has a total shareholder equity of ₹545.5M and total debt of ₹243.0M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are ₹1.3B and ₹768.7M respectively. Vipul Organics's EBIT is ₹65.3M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹23.4M.
Key information
44.5%
Debt to equity ratio
₹242.95m
Debt
Interest coverage ratio | 2.8x |
Cash | ₹23.37m |
Equity | ₹545.53m |
Total liabilities | ₹768.74m |
Total assets | ₹1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530627's short term assets (₹911.6M) exceed its short term liabilities (₹699.9M).
Long Term Liabilities: 530627's short term assets (₹911.6M) exceed its long term liabilities (₹68.8M).
Debt to Equity History and Analysis
Debt Level: 530627's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: 530627's debt to equity ratio has reduced from 70.3% to 44.5% over the past 5 years.
Debt Coverage: 530627's debt is well covered by operating cash flow (47.1%).
Interest Coverage: 530627's interest payments on its debt are not well covered by EBIT (2.8x coverage).