Vashu Bhagnani Industries Balance Sheet Health
Financial Health criteria checks 6/6
Vashu Bhagnani Industries has a total shareholder equity of ₹443.2M and total debt of ₹90.0M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are ₹1.0B and ₹597.1M respectively. Vashu Bhagnani Industries's EBIT is ₹35.6M making its interest coverage ratio 5.9. It has cash and short-term investments of ₹5.3M.
Key information
20.3%
Debt to equity ratio
₹89.96m
Debt
Interest coverage ratio | 5.9x |
Cash | ₹5.31m |
Equity | ₹443.21m |
Total liabilities | ₹597.15m |
Total assets | ₹1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532011's short term assets (₹1.0B) exceed its short term liabilities (₹592.9M).
Long Term Liabilities: 532011's short term assets (₹1.0B) exceed its long term liabilities (₹4.3M).
Debt to Equity History and Analysis
Debt Level: 532011's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 532011's debt to equity ratio has reduced from 75.9% to 20.3% over the past 5 years.
Debt Coverage: 532011's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 532011's interest payments on its debt are well covered by EBIT (5.9x coverage).