Venus Pipes and Tubes Balance Sheet Health
Financial Health criteria checks 6/6
Venus Pipes and Tubes has a total shareholder equity of ₹4.8B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are ₹9.4B and ₹4.6B respectively. Venus Pipes and Tubes's EBIT is ₹1.6B making its interest coverage ratio 5.7. It has cash and short-term investments of ₹260.5M.
Key information
37.5%
Debt to equity ratio
₹1.81b
Debt
| Interest coverage ratio | 5.7x |
| Cash | ₹260.47m |
| Equity | ₹4.83b |
| Total liabilities | ₹4.61b |
| Total assets | ₹9.45b |
Recent financial health updates
Recent updates
Venus Pipes and Tubes' (NSE:VENUSPIPES) Earnings Are Of Questionable Quality
Nov 26
Does Venus Pipes and Tubes (NSE:VENUSPIPES) Deserve A Spot On Your Watchlist?
Nov 16Venus Pipes and Tubes (NSE:VENUSPIPES) Seems To Use Debt Quite Sensibly
Jun 12Impressive Earnings May Not Tell The Whole Story For Venus Pipes and Tubes (NSE:VENUSPIPES)
May 21After Leaping 31% Venus Pipes and Tubes Limited (NSE:VENUSPIPES) Shares Are Not Flying Under The Radar
Mar 02Financial Position Analysis
Short Term Liabilities: VENUSPIPES's short term assets (₹6.1B) exceed its short term liabilities (₹4.1B).
Long Term Liabilities: VENUSPIPES's short term assets (₹6.1B) exceed its long term liabilities (₹465.3M).
Debt to Equity History and Analysis
Debt Level: VENUSPIPES's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: VENUSPIPES's debt to equity ratio has reduced from 254.8% to 37.5% over the past 5 years.
Debt Coverage: VENUSPIPES's debt is well covered by operating cash flow (39%).
Interest Coverage: VENUSPIPES's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 15:54 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Venus Pipes and Tubes Limited is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dhruv Jain | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |