Vinayak Polycon International Balance Sheet Health
Financial Health criteria checks 4/6
Vinayak Polycon International has a total shareholder equity of ₹47.8M and total debt of ₹44.0M, which brings its debt-to-equity ratio to 91.9%. Its total assets and total liabilities are ₹104.3M and ₹56.4M respectively. Vinayak Polycon International's EBIT is ₹7.8M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹608.0K.
Key information
91.9%
Debt to equity ratio
₹43.99m
Debt
Interest coverage ratio | 1.8x |
Cash | ₹608.00k |
Equity | ₹47.85m |
Total liabilities | ₹56.42m |
Total assets | ₹104.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534639's short term assets (₹64.3M) exceed its short term liabilities (₹41.1M).
Long Term Liabilities: 534639's short term assets (₹64.3M) exceed its long term liabilities (₹15.4M).
Debt to Equity History and Analysis
Debt Level: 534639's net debt to equity ratio (90.7%) is considered high.
Reducing Debt: 534639's debt to equity ratio has reduced from 102.8% to 91.9% over the past 5 years.
Debt Coverage: 534639's debt is well covered by operating cash flow (49%).
Interest Coverage: 534639's interest payments on its debt are not well covered by EBIT (1.8x coverage).