Vraj Iron and Steel Balance Sheet Health
Financial Health criteria checks 5/6
Vraj Iron and Steel has a total shareholder equity of ₹2.0B and total debt of ₹617.0M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are ₹2.8B and ₹801.8M respectively. Vraj Iron and Steel's EBIT is ₹706.4M making its interest coverage ratio 29. It has cash and short-term investments of ₹401.5M.
Key information
30.8%
Debt to equity ratio
₹616.96m
Debt
Interest coverage ratio | 29x |
Cash | ₹401.50m |
Equity | ₹2.00b |
Total liabilities | ₹801.81m |
Total assets | ₹2.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRAJ's short term assets (₹1.1B) exceed its short term liabilities (₹239.9M).
Long Term Liabilities: VRAJ's short term assets (₹1.1B) exceed its long term liabilities (₹561.9M).
Debt to Equity History and Analysis
Debt Level: VRAJ's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VRAJ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VRAJ's debt is well covered by operating cash flow (31.2%).
Interest Coverage: VRAJ's interest payments on its debt are well covered by EBIT (29x coverage).