Visaka Industries Balance Sheet Health
Financial Health criteria checks 2/6
Visaka Industries has a total shareholder equity of ₹7.6B and total debt of ₹4.7B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are ₹14.3B and ₹6.7B respectively. Visaka Industries's EBIT is ₹323.9M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹131.4M.
Key information
61.9%
Debt to equity ratio
₹4.71b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹131.41m |
| Equity | ₹7.60b |
| Total liabilities | ₹6.72b |
| Total assets | ₹14.32b |
Recent financial health updates
Visaka Industries (NSE:VISAKAIND) Seems To Be Using A Lot Of Debt
Jan 10
Visaka Industries (NSE:VISAKAIND) Has A Somewhat Strained Balance Sheet
Sep 05These 4 Measures Indicate That Visaka Industries (NSE:VISAKAIND) Is Using Debt Extensively
Dec 26Is Visaka Industries (NSE:VISAKAIND) Using Too Much Debt?
Mar 24Recent updates
Market Cool On Visaka Industries Limited's (NSE:VISAKAIND) Revenues Pushing Shares 27% Lower
Mar 17Visaka Industries Limited (NSE:VISAKAIND) Stock Rockets 37% But Many Are Still Ignoring The Company
Jan 24Visaka Industries (NSE:VISAKAIND) Seems To Be Using A Lot Of Debt
Jan 10Visaka Industries (NSE:VISAKAIND) Has A Somewhat Strained Balance Sheet
Sep 05Returns On Capital At Visaka Industries (NSE:VISAKAIND) Paint A Concerning Picture
May 05These 4 Measures Indicate That Visaka Industries (NSE:VISAKAIND) Is Using Debt Extensively
Dec 26Visaka Industries' (NSE:VISAKAIND) Shareholders Will Receive A Smaller Dividend Than Last Year
May 12Here's Why I Think Visaka Industries (NSE:VISAKAIND) Might Deserve Your Attention Today
Aug 11Is Visaka Industries (NSE:VISAKAIND) Using Too Much Debt?
Mar 24I Ran A Stock Scan For Earnings Growth And Visaka Industries (NSE:VISAKAIND) Passed With Ease
Mar 08Are Robust Financials Driving The Recent Rally In Visaka Industries Limited's (NSE:VISAKAIND) Stock?
Feb 22What Is The Ownership Structure Like For Visaka Industries Limited (NSE:VISAKAIND)?
Jan 26How Does Visaka Industries' (NSE:VISAKAIND) CEO Salary Compare to Peers?
Jan 12
Are Insiders Buying Visaka Industries Limited (NSE:VISAKAIND) Stock?
Dec 29Is Visaka Industries Limited (NSE:VISAKAIND) A Smart Pick For Income Investors?
Dec 15Visaka Industries's (NSE:VISAKAIND) Earnings Are Growing But Is There More To The Story?
Nov 17Is Visaka Industries Limited's (NSE:VISAKAIND) Latest Stock Performance Being Led By Its Strong Fundamentals?
Nov 05Is Visaka Industries (NSE:VISAKAIND) Likely To Turn Things Around?
Oct 22Visaka Industries (NSE:VISAKAIND) Has Gifted Shareholders With A Fantastic 159% Total Return On Their Investment
Oct 07What Does Visaka Industries' (NSE:VISAKAIND) CEO Pay Reveal?
Sep 22Here's How We Evaluate Visaka Industries Limited's (NSE:VISAKAIND) Dividend
Sep 09Investors Continue Waiting On Sidelines For Visaka Industries Limited (NSE:VISAKAIND)
Aug 25G. Vivekanand Is The Non-Executive Vice Chairman of the Board of Visaka Industries Limited (NSE:VISAKAIND) And They Just Picked Up 1.6% More Shares
Aug 17Investors Holding Back On Visaka Industries Limited (NSE:VISAKAIND)
Aug 04Visaka Industries Limited's (NSE:VISAKAIND) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jul 31Our Take On The Returns On Capital At Visaka Industries (NSE:VISAKAIND)
Jul 14Financial Position Analysis
Short Term Liabilities: VISAKAIND's short term assets (₹6.4B) exceed its short term liabilities (₹4.7B).
Long Term Liabilities: VISAKAIND's short term assets (₹6.4B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: VISAKAIND's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: VISAKAIND's debt to equity ratio has increased from 36.2% to 61.9% over the past 5 years.
Debt Coverage: VISAKAIND's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: VISAKAIND's interest payments on its debt are not well covered by EBIT (1.1x coverage).