Veerhealth Care Balance Sheet Health
Financial Health criteria checks 6/6
Veerhealth Care has a total shareholder equity of ₹218.4M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹281.2M and ₹62.8M respectively. Veerhealth Care's EBIT is ₹12.9M making its interest coverage ratio 169.8. It has cash and short-term investments of ₹2.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 169.8x |
Cash | ₹2.39m |
Equity | ₹218.39m |
Total liabilities | ₹62.78m |
Total assets | ₹281.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511523's short term assets (₹134.6M) exceed its short term liabilities (₹27.7M).
Long Term Liabilities: 511523's short term assets (₹134.6M) exceed its long term liabilities (₹35.0M).
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 7.1%.
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.