Vibhor Steel Tubes Balance Sheet Health
Financial Health criteria checks 5/6
Vibhor Steel Tubes has a total shareholder equity of ₹1.8B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are ₹4.0B and ₹2.2B respectively. Vibhor Steel Tubes's EBIT is ₹320.4M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹153.8M.
Key information
74.8%
Debt to equity ratio
₹1.35b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹153.77m |
| Equity | ₹1.80b |
| Total liabilities | ₹2.19b |
| Total assets | ₹3.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VSTL's short term assets (₹2.6B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: VSTL's short term assets (₹2.6B) exceed its long term liabilities (₹422.3M).
Debt to Equity History and Analysis
Debt Level: VSTL's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: VSTL's debt to equity ratio has reduced from 208.3% to 74.8% over the past 5 years.
Debt Coverage: VSTL's debt is well covered by operating cash flow (42.8%).
Interest Coverage: VSTL's interest payments on its debt are well covered by EBIT (3.6x coverage).