Vardhman Special Steels Balance Sheet Health
Financial Health criteria checks 6/6
Vardhman Special Steels has a total shareholder equity of ₹7.6B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are ₹11.7B and ₹4.2B respectively. Vardhman Special Steels's EBIT is ₹1.6B making its interest coverage ratio 9.2. It has cash and short-term investments of ₹436.4M.
Key information
18.7%
Debt to equity ratio
₹1.41b
Debt
| Interest coverage ratio | 9.2x |
| Cash | ₹436.39m |
| Equity | ₹7.56b |
| Total liabilities | ₹4.16b |
| Total assets | ₹11.72b |
Recent financial health updates
Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly
Mar 09
Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly
Mar 30Is Vardhman Special Steels (NSE:VSSL) Using Too Much Debt?
Jul 22Recent updates
Vardhman Special Steels Limited's (NSE:VSSL) Shares Lagging The Market But So Is The Business
Oct 01It's Unlikely That Vardhman Special Steels Limited's (NSE:VSSL) CEO Will See A Huge Pay Rise This Year
Sep 13Shareholders Would Enjoy A Repeat Of Vardhman Special Steels' (NSE:VSSL) Recent Growth In Returns
Aug 27Vardhman Special Steels Limited's (NSE:VSSL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
May 14Vardhman Special Steels Limited (NSE:VSSL) Screens Well But There Might Be A Catch
Mar 27We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation
Sep 21Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly
Mar 09Vardhman Special Steels (NSE:VSSL) Is Very Good At Capital Allocation
Dec 14We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation
Sep 23Does Vardhman Special Steels (NSE:VSSL) Deserve A Spot On Your Watchlist?
May 26Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly
Mar 30Shareholders Would Enjoy A Repeat Of Vardhman Special Steels' (NSE:VSSL) Recent Growth In Returns
Aug 22Is Vardhman Special Steels (NSE:VSSL) Using Too Much Debt?
Jul 22Financial Position Analysis
Short Term Liabilities: VSSL's short term assets (₹7.9B) exceed its short term liabilities (₹3.9B).
Long Term Liabilities: VSSL's short term assets (₹7.9B) exceed its long term liabilities (₹298.1M).
Debt to Equity History and Analysis
Debt Level: VSSL's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: VSSL's debt to equity ratio has reduced from 78.5% to 18.7% over the past 5 years.
Debt Coverage: VSSL's debt is well covered by operating cash flow (68.3%).
Interest Coverage: VSSL's interest payments on its debt are well covered by EBIT (9.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 23:29 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vardhman Special Steels Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |
| Anupam Gupta | IIFL Research |