Vruddhi Engineering Works Balance Sheet Health
Financial Health criteria checks 3/6
Vruddhi Engineering Works has a total shareholder equity of ₹21.2M and total debt of ₹32.3M, which brings its debt-to-equity ratio to 152.4%. Its total assets and total liabilities are ₹78.2M and ₹57.0M respectively. Vruddhi Engineering Works's EBIT is ₹11.5M making its interest coverage ratio 8.2. It has cash and short-term investments of ₹4.2M.
Key information
152.4%
Debt to equity ratio
₹32.34m
Debt
Interest coverage ratio | 8.2x |
Cash | ₹4.21m |
Equity | ₹21.21m |
Total liabilities | ₹57.02m |
Total assets | ₹78.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544157's short term assets (₹64.4M) exceed its short term liabilities (₹51.2M).
Long Term Liabilities: 544157's short term assets (₹64.4M) exceed its long term liabilities (₹5.8M).
Debt to Equity History and Analysis
Debt Level: 544157's net debt to equity ratio (132.6%) is considered high.
Reducing Debt: Insufficient data to determine if 544157's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544157's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544157's interest payments on its debt are well covered by EBIT (8.2x coverage).