Vikram Thermo (India) Balance Sheet Health
Financial Health criteria checks 6/6
Vikram Thermo (India) has a total shareholder equity of ₹1.1B and total debt of ₹59.1M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are ₹1.3B and ₹252.0M respectively. Vikram Thermo (India)'s EBIT is ₹376.6M making its interest coverage ratio 60.1. It has cash and short-term investments of ₹173.6M.
Key information
5.6%
Debt to equity ratio
₹59.08m
Debt
| Interest coverage ratio | 60.1x |
| Cash | ₹173.65m |
| Equity | ₹1.05b |
| Total liabilities | ₹251.97m |
| Total assets | ₹1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530477's short term assets (₹739.9M) exceed its short term liabilities (₹191.6M).
Long Term Liabilities: 530477's short term assets (₹739.9M) exceed its long term liabilities (₹60.3M).
Debt to Equity History and Analysis
Debt Level: 530477 has more cash than its total debt.
Reducing Debt: 530477's debt to equity ratio has reduced from 14% to 5.6% over the past 5 years.
Debt Coverage: 530477's debt is well covered by operating cash flow (420%).
Interest Coverage: 530477's interest payments on its debt are well covered by EBIT (60.1x coverage).