Vimta Labs Balance Sheet Health
Financial Health criteria checks 6/6
Vimta Labs has a total shareholder equity of ₹3.4B and total debt of ₹116.1M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ₹4.4B and ₹976.7M respectively. Vimta Labs's EBIT is ₹658.3M making its interest coverage ratio 382.7. It has cash and short-term investments of ₹277.9M.
Key information
3.4%
Debt to equity ratio
₹116.14m
Debt
| Interest coverage ratio | 382.7x |
| Cash | ₹277.88m |
| Equity | ₹3.43b |
| Total liabilities | ₹976.71m |
| Total assets | ₹4.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524394's short term assets (₹1.7B) exceed its short term liabilities (₹773.0M).
Long Term Liabilities: 524394's short term assets (₹1.7B) exceed its long term liabilities (₹203.7M).
Debt to Equity History and Analysis
Debt Level: 524394 has more cash than its total debt.
Reducing Debt: 524394's debt to equity ratio has reduced from 12.5% to 3.4% over the past 5 years.
Debt Coverage: 524394's debt is well covered by operating cash flow (713.9%).
Interest Coverage: 524394's interest payments on its debt are well covered by EBIT (382.7x coverage).