Vibhor Steel Tubes Balance Sheet Health
Financial Health criteria checks 4/6
Vibhor Steel Tubes has a total shareholder equity of ₹932.0M and total debt of ₹1.5B, which brings its debt-to-equity ratio to 163.5%. Its total assets and total liabilities are ₹2.9B and ₹2.0B respectively. Vibhor Steel Tubes's EBIT is ₹392.2M making its interest coverage ratio 4.9. It has cash and short-term investments of ₹255.5M.
Key information
163.5%
Debt to equity ratio
₹1.52b
Debt
Interest coverage ratio | 4.9x |
Cash | ₹255.52m |
Equity | ₹931.98m |
Total liabilities | ₹2.00b |
Total assets | ₹2.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VSTL's short term assets (₹2.3B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: VSTL's short term assets (₹2.3B) exceed its long term liabilities (₹159.8M).
Debt to Equity History and Analysis
Debt Level: VSTL's net debt to equity ratio (136.1%) is considered high.
Reducing Debt: VSTL's debt to equity ratio has reduced from 197.6% to 163.5% over the past 5 years.
Debt Coverage: VSTL's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: VSTL's interest payments on its debt are well covered by EBIT (4.9x coverage).