Vasundhara Rasayans Balance Sheet Health
Financial Health criteria checks 5/6
Vasundhara Rasayans has a total shareholder equity of ₹319.4M and total debt of ₹19.5M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹373.0M and ₹53.6M respectively. Vasundhara Rasayans's EBIT is ₹80.7M making its interest coverage ratio 46.4. It has cash and short-term investments of ₹107.2M.
Key information
6.1%
Debt to equity ratio
₹19.47m
Debt
Interest coverage ratio | 46.4x |
Cash | ₹107.22m |
Equity | ₹319.38m |
Total liabilities | ₹53.65m |
Total assets | ₹373.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538634's short term assets (₹348.3M) exceed its short term liabilities (₹44.9M).
Long Term Liabilities: 538634's short term assets (₹348.3M) exceed its long term liabilities (₹8.7M).
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 3.1% to 6.1% over the past 5 years.
Debt Coverage: 538634's debt is well covered by operating cash flow (309.8%).
Interest Coverage: 538634's interest payments on its debt are well covered by EBIT (46.4x coverage).