Vaswani Industries Balance Sheet Health
Financial Health criteria checks 5/6
Vaswani Industries has a total shareholder equity of ₹1.2B and total debt of ₹328.8M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are ₹1.9B and ₹671.7M respectively. Vaswani Industries's EBIT is ₹200.3M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹226.2M.
Key information
27.0%
Debt to equity ratio
₹328.79m
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹226.22m |
| Equity | ₹1.22b |
| Total liabilities | ₹671.66m |
| Total assets | ₹1.89b |
Recent financial health updates
Vaswani Industries (NSE:VASWANI) Seems To Use Debt Quite Sensibly
Jul 22
Vaswani Industries (NSE:VASWANI) Has A Somewhat Strained Balance Sheet
Nov 18These 4 Measures Indicate That Vaswani Industries (NSE:VASWANI) Is Using Debt Extensively
Jan 21Recent updates
Investors Don't See Light At End Of Vaswani Industries Limited's (NSE:VASWANI) Tunnel And Push Stock Down 42%
Apr 01Returns At Vaswani Industries (NSE:VASWANI) Appear To Be Weighed Down
Mar 14Improved Earnings Required Before Vaswani Industries Limited (NSE:VASWANI) Stock's 28% Jump Looks Justified
Feb 16Vaswani Industries Limited (NSE:VASWANI) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Jan 02The Returns At Vaswani Industries (NSE:VASWANI) Aren't Growing
Dec 14The Returns At Vaswani Industries (NSE:VASWANI) Aren't Growing
Aug 01Should You Be Adding Vaswani Industries (NSE:VASWANI) To Your Watchlist Today?
Jun 02The Return Trends At Vaswani Industries (NSE:VASWANI) Look Promising
Mar 28Calculating The Fair Value Of Vaswani Industries Limited (NSE:VASWANI)
Feb 17Do Vaswani Industries' (NSE:VASWANI) Earnings Warrant Your Attention?
Jan 18It Looks Like Shareholders Would Probably Approve Vaswani Industries Limited's (NSE:VASWANI) CEO Compensation Package
Nov 23Return Trends At Vaswani Industries (NSE:VASWANI) Aren't Appealing
Sep 13Vaswani Industries (NSE:VASWANI) Seems To Use Debt Quite Sensibly
Jul 22Here's Why We Think Vaswani Industries (NSE:VASWANI) Is Well Worth Watching
Jun 07Returns On Capital At Vaswani Industries (NSE:VASWANI) Have Stalled
May 12Vaswani Industries (NSE:VASWANI) Is Looking To Continue Growing Its Returns On Capital
Jan 06Vaswani Industries (NSE:VASWANI) Has A Somewhat Strained Balance Sheet
Nov 18Vaswani Industries (NSE:VASWANI) Shareholders Will Want The ROCE Trajectory To Continue
Oct 07Here's Why We Think Vaswani Industries (NSE:VASWANI) Is Well Worth Watching
Aug 24The Trend Of High Returns At Vaswani Industries (NSE:VASWANI) Has Us Very Interested
Mar 17These 4 Measures Indicate That Vaswani Industries (NSE:VASWANI) Is Using Debt Extensively
Jan 21Why We Like The Returns At Vaswani Industries (NSE:VASWANI)
Dec 09Should We Be Excited About The Trends Of Returns At Vaswani Industries (NSE:VASWANI)?
Aug 26
Financial Position Analysis
Short Term Liabilities: VASWANI's short term assets (₹1.1B) exceed its short term liabilities (₹428.5M).
Long Term Liabilities: VASWANI's short term assets (₹1.1B) exceed its long term liabilities (₹243.2M).
Debt to Equity History and Analysis
Debt Level: VASWANI's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: VASWANI's debt to equity ratio has reduced from 54.8% to 27% over the past 5 years.
Debt Coverage: VASWANI's debt is well covered by operating cash flow (93.4%).
Interest Coverage: VASWANI's interest payments on its debt are not well covered by EBIT (2.6x coverage).