Vital Chemtech Balance Sheet Health
Financial Health criteria checks 5/6
Vital Chemtech has a total shareholder equity of ₹878.9M and total debt of ₹223.2M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are ₹1.3B and ₹427.8M respectively. Vital Chemtech's EBIT is ₹54.2M making its interest coverage ratio -130.3. It has cash and short-term investments of ₹315.2M.
Key information
25.4%
Debt to equity ratio
₹223.21m
Debt
| Interest coverage ratio | -130.3x |
| Cash | ₹315.16m |
| Equity | ₹878.87m |
| Total liabilities | ₹427.81m |
| Total assets | ₹1.31b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VITAL's short term assets (₹828.6M) exceed its short term liabilities (₹230.3M).
Long Term Liabilities: VITAL's short term assets (₹828.6M) exceed its long term liabilities (₹197.5M).
Debt to Equity History and Analysis
Debt Level: VITAL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if VITAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VITAL's debt is well covered by operating cash flow (62.7%).
Interest Coverage: VITAL earns more interest than it pays, so coverage of interest payments is not a concern.