Vidhi Specialty Food Ingredients Balance Sheet Health
Financial Health criteria checks 6/6
Vidhi Specialty Food Ingredients has a total shareholder equity of ₹2.7B and total debt of ₹401.2M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are ₹3.4B and ₹750.3M respectively. Vidhi Specialty Food Ingredients's EBIT is ₹480.4M making its interest coverage ratio 31.1. It has cash and short-term investments of ₹234.5M.
Key information
15.1%
Debt to equity ratio
₹401.25m
Debt
Interest coverage ratio | 31.1x |
Cash | ₹234.52m |
Equity | ₹2.66b |
Total liabilities | ₹750.30m |
Total assets | ₹3.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531717's short term assets (₹2.1B) exceed its short term liabilities (₹689.1M).
Long Term Liabilities: 531717's short term assets (₹2.1B) exceed its long term liabilities (₹61.2M).
Debt to Equity History and Analysis
Debt Level: 531717's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: 531717's debt to equity ratio has reduced from 41.3% to 15.1% over the past 5 years.
Debt Coverage: 531717's debt is well covered by operating cash flow (190.9%).
Interest Coverage: 531717's interest payments on its debt are well covered by EBIT (31.1x coverage).