Veerhealth Care Balance Sheet Health
Financial Health criteria checks 6/6
Veerhealth Care has a total shareholder equity of ₹222.6M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹309.7M and ₹87.1M respectively. Veerhealth Care's EBIT is ₹7.1M making its interest coverage ratio -2.5. It has cash and short-term investments of ₹8.0M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -2.5x |
| Cash | ₹7.96m |
| Equity | ₹222.59m |
| Total liabilities | ₹87.08m |
| Total assets | ₹309.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511523's short term assets (₹126.4M) exceed its short term liabilities (₹33.5M).
Long Term Liabilities: 511523's short term assets (₹126.4M) exceed its long term liabilities (₹53.6M).
Debt to Equity History and Analysis
Debt Level: 511523 is debt free.
Reducing Debt: 511523 has no debt compared to 5 years ago when its debt to equity ratio was 16.7%.
Debt Coverage: 511523 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 511523 has no debt, therefore coverage of interest payments is not a concern.