Vraj Iron and Steel Balance Sheet Health
Financial Health criteria checks 5/6
Vraj Iron and Steel has a total shareholder equity of ₹3.8B and total debt of ₹51.5M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹4.1B and ₹288.0M respectively. Vraj Iron and Steel's EBIT is ₹577.0M making its interest coverage ratio -38.9. It has cash and short-term investments of ₹597.9M.
Key information
1.4%
Debt to equity ratio
₹51.54m
Debt
| Interest coverage ratio | -38.9x |
| Cash | ₹597.93m |
| Equity | ₹3.78b |
| Total liabilities | ₹287.96m |
| Total assets | ₹4.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544204's short term assets (₹1.6B) exceed its short term liabilities (₹235.9M).
Long Term Liabilities: 544204's short term assets (₹1.6B) exceed its long term liabilities (₹52.1M).
Debt to Equity History and Analysis
Debt Level: 544204 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 544204's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544204's debt is well covered by operating cash flow (354.9%).
Interest Coverage: 544204 earns more interest than it pays, so coverage of interest payments is not a concern.