Vikas Ecotech Balance Sheet Health
Financial Health criteria checks 6/6
Vikas Ecotech has a total shareholder equity of ₹5.5B and total debt of ₹306.3M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are ₹6.6B and ₹1.1B respectively. Vikas Ecotech's EBIT is ₹103.1M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹37.8M.
Key information
5.6%
Debt to equity ratio
₹306.34m
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹37.78m |
| Equity | ₹5.49b |
| Total liabilities | ₹1.08b |
| Total assets | ₹6.58b |
Recent financial health updates
Vikas Ecotech (NSE:VIKASECO) Has A Rock Solid Balance Sheet
Mar 30
Does Vikas Ecotech (NSE:VIKASECO) Have A Healthy Balance Sheet?
Dec 26Vikas EcoTech (NSE:VIKASECO) Seems To Use Debt Quite Sensibly
Jun 10Does Vikas EcoTech (NSE:VIKASECO) Have A Healthy Balance Sheet?
Jan 01Vikas EcoTech (NSE:VIKASECO) Has No Shortage Of Debt
Feb 12Recent updates
Impressive Earnings May Not Tell The Whole Story For Vikas Ecotech (NSE:VIKASECO)
Nov 22After Leaping 26% Vikas Ecotech Limited (NSE:VIKASECO) Shares Are Not Flying Under The Radar
Feb 09Some Shareholders Feeling Restless Over Vikas Ecotech Limited's (NSE:VIKASECO) P/E Ratio
Dec 20Vikas Ecotech (NSE:VIKASECO) Has A Rock Solid Balance Sheet
Mar 30Does Vikas Ecotech (NSE:VIKASECO) Have A Healthy Balance Sheet?
Dec 26Vikas Ecotech's (NSE:VIKASECO) Solid Profits Have Weak Fundamentals
Oct 27Vikas EcoTech (NSE:VIKASECO) Seems To Use Debt Quite Sensibly
Jun 10Does Vikas EcoTech (NSE:VIKASECO) Have A Healthy Balance Sheet?
Jan 01Returns On Capital At Vikas EcoTech (NSE:VIKASECO) Paint A Concerning Picture
May 17Should You Review Recent Insider Transactions At Vikas EcoTech Limited (NSE:VIKASECO)?
Mar 18Vikas EcoTech (NSE:VIKASECO) Has No Shortage Of Debt
Feb 12We're Watching These Trends At Vikas EcoTech (NSE:VIKASECO)
Jan 08
The MD & Executive Director of Vikas EcoTech Limited (NSE:VIKASECO), Vikas Garg, Just Sold 93% Of Their Holding
Dec 03Have Vikas EcoTech Limited (NSE:VIKASECO) Insiders Been Selling Their Stock?
Nov 15Here's What To Make Of Vikas EcoTech's (NSE:VIKASECO) Returns On Capital
Sep 22Financial Position Analysis
Short Term Liabilities: VIKASECO's short term assets (₹2.1B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: VIKASECO's short term assets (₹2.1B) exceed its long term liabilities (₹29.9M).
Debt to Equity History and Analysis
Debt Level: VIKASECO's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: VIKASECO's debt to equity ratio has reduced from 102.4% to 5.6% over the past 5 years.
Debt Coverage: VIKASECO's debt is well covered by operating cash flow (161%).
Interest Coverage: VIKASECO's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 02:23 |
| End of Day Share Price | 2024/12/27 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
Vikas Ecotech Limited is covered by 3 analysts. 0 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 |
|---|---|
| Vaishali Kumar Parkar | BOB Capital Markets Ltd. |
| Padmaja Ambekar | BOB Capital Markets Ltd. |
| Anil Burra | FirstCall Research |