Vikas Ecotech Balance Sheet Health
Financial Health criteria checks 5/6
Vikas Ecotech has a total shareholder equity of ₹3.4B and total debt of ₹81.3M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ₹3.9B and ₹482.5M respectively. Vikas Ecotech's EBIT is ₹168.6M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹30.0M.
Key information
2.4%
Debt to equity ratio
₹81.26m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹30.03m |
| Equity | ₹3.40b |
| Total liabilities | ₹482.47m |
| Total assets | ₹3.88b |
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
After 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 (₹2.2B) exceed its short term liabilities (₹479.7M).
Long Term Liabilities: VIKASECO's short term assets (₹2.2B) exceed its long term liabilities (₹2.7M).
Debt to Equity History and Analysis
Debt Level: VIKASECO's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: VIKASECO's debt to equity ratio has reduced from 90.9% to 2.4% over the past 5 years.
Debt Coverage: VIKASECO's debt is well covered by operating cash flow (1204.4%).
Interest Coverage: VIKASECO's interest payments on its debt are not well covered by EBIT (2.4x coverage).