VELS Film International Limited

NSEI:VELS Stock Report

Market Cap: ₹544.7m

VELS Film International Balance Sheet Health

Financial Health criteria checks 0/6

VELS Film International has a total shareholder equity of ₹-102.5M and total debt of ₹1.5B, which brings its debt-to-equity ratio to -1474.1%. Its total assets and total liabilities are ₹2.5B and ₹2.6B respectively.

Key information

-1,474.1%

Debt to equity ratio

₹1.51b

Debt

Interest coverage ration/a
Cash₹53.65m
Equity-₹102.52m
Total liabilities₹2.59b
Total assets₹2.49b

Recent financial health updates

Recent updates

Is VELS Film International (NSE:VELS) A Risky Investment?

Jun 05
Is VELS Film International (NSE:VELS) A Risky Investment?

Financial Position Analysis

Short Term Liabilities: VELS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: VELS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: VELS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: VELS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: VELS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VELS has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.2% each year.


Discover healthy companies