Vadivarhe Speciality Chemicals Balance Sheet Health
Financial Health criteria checks 2/6
Vadivarhe Speciality Chemicals has a total shareholder equity of ₹26.8M and total debt of ₹250.3M, which brings its debt-to-equity ratio to 935.3%. Its total assets and total liabilities are ₹361.8M and ₹335.1M respectively.
Key information
935.3%
Debt to equity ratio
₹250.29m
Debt
Interest coverage ratio | n/a |
Cash | ₹5.40m |
Equity | ₹26.76m |
Total liabilities | ₹335.08m |
Total assets | ₹361.84m |
Recent financial health updates
Here's Why Vadivarhe Speciality Chemicals (NSE:VSCL) Can Afford Some Debt
Mar 13Is Vadivarhe Speciality Chemicals (NSE:VSCL) Using Too Much Debt?
Sep 17Is Vadivarhe Speciality Chemicals (NSE:VSCL) Using Too Much Debt?
Jun 04Vadivarhe Speciality Chemicals (NSE:VSCL) Is Carrying A Fair Bit Of Debt
Feb 03Is Vadivarhe Speciality Chemicals (NSE:VSCL) Using Too Much Debt?
May 18Health Check: How Prudently Does Vadivarhe Speciality Chemicals (NSE:VSCL) Use Debt?
Dec 29Recent updates
Here's Why Vadivarhe Speciality Chemicals (NSE:VSCL) Can Afford Some Debt
Mar 13Is Vadivarhe Speciality Chemicals (NSE:VSCL) Using Too Much Debt?
Sep 17Is Vadivarhe Speciality Chemicals (NSE:VSCL) Using Too Much Debt?
Jun 04Vadivarhe Speciality Chemicals (NSE:VSCL) Is Carrying A Fair Bit Of Debt
Feb 03Is Vadivarhe Speciality Chemicals (NSE:VSCL) Using Too Much Debt?
May 18Health Check: How Prudently Does Vadivarhe Speciality Chemicals (NSE:VSCL) Use Debt?
Dec 29Financial Position Analysis
Short Term Liabilities: VSCL's short term assets (₹122.1M) do not cover its short term liabilities (₹148.4M).
Long Term Liabilities: VSCL's short term assets (₹122.1M) do not cover its long term liabilities (₹186.7M).
Debt to Equity History and Analysis
Debt Level: VSCL's net debt to equity ratio (915.1%) is considered high.
Reducing Debt: VSCL's debt to equity ratio has increased from 55.8% to 935.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VSCL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VSCL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.3% per year.