Vidhi Specialty Food Ingredients Balance Sheet Health
Financial Health criteria checks 6/6
Vidhi Specialty Food Ingredients has a total shareholder equity of ₹2.9B and total debt of ₹294.4M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ₹3.6B and ₹670.7M respectively. Vidhi Specialty Food Ingredients's EBIT is ₹524.0M making its interest coverage ratio -397.3. It has cash and short-term investments of ₹124.8M.
Key information
10.2%
Debt to equity ratio
₹294.38m
Debt
| Interest coverage ratio | -397.3x |
| Cash | ₹124.84m |
| Equity | ₹2.89b |
| Total liabilities | ₹670.73m |
| Total assets | ₹3.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531717's short term assets (₹2.2B) exceed its short term liabilities (₹610.7M).
Long Term Liabilities: 531717's short term assets (₹2.2B) exceed its long term liabilities (₹60.1M).
Debt to Equity History and Analysis
Debt Level: 531717's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: 531717's debt to equity ratio has reduced from 24.9% to 10.2% over the past 5 years.
Debt Coverage: 531717's debt is well covered by operating cash flow (128.2%).
Interest Coverage: 531717 earns more interest than it pays, so coverage of interest payments is not a concern.