Venus Remedies Balance Sheet Health
Financial Health criteria checks 6/6
Venus Remedies has a total shareholder equity of ₹4.9B and total debt of ₹409.1M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹6.6B and ₹1.7B respectively. Venus Remedies's EBIT is ₹233.7M making its interest coverage ratio -5.7. It has cash and short-term investments of ₹1.3B.
Key information
8.3%
Debt to equity ratio
₹409.10m
Debt
| Interest coverage ratio | -5.7x |
| Cash | ₹1.34b |
| Equity | ₹4.94b |
| Total liabilities | ₹1.66b |
| Total assets | ₹6.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526953's short term assets (₹3.9B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 526953's short term assets (₹3.9B) exceed its long term liabilities (₹652.1M).
Debt to Equity History and Analysis
Debt Level: 526953 has more cash than its total debt.
Reducing Debt: 526953's debt to equity ratio has reduced from 57% to 8.3% over the past 5 years.
Debt Coverage: 526953's debt is well covered by operating cash flow (159.7%).
Interest Coverage: 526953 earns more interest than it pays, so coverage of interest payments is not a concern.