Vibhor Steel Tubes Balance Sheet Health
Financial Health criteria checks 3/6
Vibhor Steel Tubes has a total shareholder equity of ₹1.8B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 79.6%. Its total assets and total liabilities are ₹3.8B and ₹2.1B respectively. Vibhor Steel Tubes's EBIT is ₹400.8M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹240.7M.
Key information
79.6%
Debt to equity ratio
₹1.42b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹240.75m |
| Equity | ₹1.78b |
| Total liabilities | ₹2.05b |
| Total assets | ₹3.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544124's short term assets (₹2.8B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 544124's short term assets (₹2.8B) exceed its long term liabilities (₹222.5M).
Debt to Equity History and Analysis
Debt Level: 544124's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: 544124's debt to equity ratio has reduced from 226.5% to 79.6% over the past 5 years.
Debt Coverage: 544124's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: 544124's interest payments on its debt are not well covered by EBIT (2.2x coverage).