Vasundhara Rasayans Balance Sheet Health
Financial Health criteria checks 5/6
Vasundhara Rasayans has a total shareholder equity of ₹370.2M and total debt of ₹9.3M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹440.2M and ₹70.0M respectively. Vasundhara Rasayans's EBIT is ₹63.6M making its interest coverage ratio -4.9. It has cash and short-term investments of ₹17.5M.
Key information
2.5%
Debt to equity ratio
₹9.32m
Debt
| Interest coverage ratio | -4.9x |
| Cash | ₹17.46m |
| Equity | ₹370.18m |
| Total liabilities | ₹70.01m |
| Total assets | ₹440.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538634's short term assets (₹325.0M) exceed its short term liabilities (₹69.7M).
Long Term Liabilities: 538634's short term assets (₹325.0M) exceed its long term liabilities (₹328.0K).
Debt to Equity History and Analysis
Debt Level: 538634 has more cash than its total debt.
Reducing Debt: 538634's debt to equity ratio has increased from 1.5% to 2.5% over the past 5 years.
Debt Coverage: 538634's debt is well covered by operating cash flow (378.7%).
Interest Coverage: 538634 earns more interest than it pays, so coverage of interest payments is not a concern.