Vaswani Industries Balance Sheet Health
Financial Health criteria checks 4/6
Vaswani Industries has a total shareholder equity of ₹1.3B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are ₹2.9B and ₹1.6B respectively. Vaswani Industries's EBIT is ₹199.7M making its interest coverage ratio 7.8. It has cash and short-term investments of ₹346.2M.
Key information
81.6%
Debt to equity ratio
₹1.03b
Debt
| Interest coverage ratio | 7.8x |
| Cash | ₹346.22m |
| Equity | ₹1.26b |
| Total liabilities | ₹1.64b |
| Total assets | ₹2.90b |
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 18Recent updates
There's No Escaping Vaswani Industries Limited's (NSE:VASWANI) Muted Earnings Despite A 30% Share Price Rise
Oct 01Vaswani Industries Limited (NSE:VASWANI) Stock Rockets 43% But Many Are Still Ignoring The Company
Jul 16We Ran A Stock Scan For Earnings Growth And Vaswani Industries (NSE:VASWANI) Passed With Ease
Jul 12Investors 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 17Financial Position Analysis
Short Term Liabilities: VASWANI's short term assets (₹1.3B) exceed its short term liabilities (₹876.2M).
Long Term Liabilities: VASWANI's short term assets (₹1.3B) exceed its long term liabilities (₹759.8M).
Debt to Equity History and Analysis
Debt Level: VASWANI's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: VASWANI's debt to equity ratio has increased from 57.7% to 81.6% over the past 5 years.
Debt Coverage: VASWANI's debt is well covered by operating cash flow (58.8%).
Interest Coverage: VASWANI's interest payments on its debt are well covered by EBIT (7.8x coverage).