Vimta Labs Balance Sheet Health
Financial Health criteria checks 6/6
Vimta Labs has a total shareholder equity of ₹3.2B and total debt of ₹191.9M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ₹4.0B and ₹803.5M respectively. Vimta Labs's EBIT is ₹537.7M making its interest coverage ratio 143. It has cash and short-term investments of ₹251.6M.
Key information
6.0%
Debt to equity ratio
₹191.89m
Debt
| Interest coverage ratio | 143x |
| Cash | ₹251.58m |
| Equity | ₹3.20b |
| Total liabilities | ₹803.54m |
| Total assets | ₹4.00b |
Recent financial health updates
Vimta Labs (NSE:VIMTALABS) Seems To Use Debt Quite Sensibly
Jun 12
Here's Why Vimta Labs (NSE:VIMTALABS) Can Manage Its Debt Responsibly
Oct 27Does Vimta Labs (NSE:VIMTALABS) Have A Healthy Balance Sheet?
Jun 19Here's Why Vimta Labs (NSE:VIMTALABS) Can Manage Its Debt Responsibly
Mar 09Does Vimta Labs (NSE:VIMTALABS) Have A Healthy Balance Sheet?
Dec 09
Here's Why Vimta Labs (NSE:VIMTALABS) Has A Meaningful Debt Burden
Sep 10Recent updates
There's Reason For Concern Over Vimta Labs Limited's (NSE:VIMTALABS) Massive 31% Price Jump
Sep 06It Looks Like Shareholders Would Probably Approve Vimta Labs Limited's (NSE:VIMTALABS) CEO Compensation Package
Jul 12Vimta Labs (NSE:VIMTALABS) Seems To Use Debt Quite Sensibly
Jun 12Market Might Still Lack Some Conviction On Vimta Labs Limited (NSE:VIMTALABS) Even After 26% Share Price Boost
Apr 26It's A Story Of Risk Vs Reward With Vimta Labs Limited (NSE:VIMTALABS)
Jan 06If EPS Growth Is Important To You, Vimta Labs (NSE:VIMTALABS) Presents An Opportunity
Jul 14Vimta Labs (NSE:VIMTALABS) Has Announced A Dividend Of ₹2.00
Jun 03Vimta Labs' (NSE:VIMTALABS) Dividend Will Be ₹2.00
May 06A Look At The Intrinsic Value Of Vimta Labs Limited (NSE:VIMTALABS)
Dec 07Here's Why We Think Vimta Labs (NSE:VIMTALABS) Might Deserve Your Attention Today
Nov 06Vimta Labs (NSE:VIMTALABS) Is Due To Pay A Dividend Of ₹2.00
Jun 02Does Vimta Labs (NSE:VIMTALABS) Deserve A Spot On Your Watchlist?
Dec 06Here's Why Vimta Labs (NSE:VIMTALABS) Can Manage Its Debt Responsibly
Oct 27We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Vimta Labs Limited's (NSE:VIMTALABS) CEO For Now
Jun 29Does Vimta Labs (NSE:VIMTALABS) Have A Healthy Balance Sheet?
Jun 19Here's Why Vimta Labs (NSE:VIMTALABS) Can Manage Its Debt Responsibly
Mar 09Vimta Labs Limited's (NSE:VIMTALABS) Stock Is Going Strong: Have Financials A Role To Play?
Jan 20Did You Miss Vimta Labs' (NSE:VIMTALABS) 87% Share Price Gain?
Dec 30Does Vimta Labs (NSE:VIMTALABS) Have A Healthy Balance Sheet?
Dec 09Here's What We Learned About The CEO Pay At Vimta Labs Limited (NSE:VIMTALABS)
Nov 17Vimta Labs Limited's (NSE:VIMTALABS) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Oct 21Here's Why Vimta Labs (NSE:VIMTALABS) Has A Meaningful Debt Burden
Sep 10Vimta Labs Limited's (NSE:VIMTALABS) Price Is Out Of Tune With Earnings
Aug 05Vimta Labs Limited's (NSE:VIMTALABS) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jul 14Financial Position Analysis
Short Term Liabilities: VIMTALABS's short term assets (₹1.6B) exceed its short term liabilities (₹540.7M).
Long Term Liabilities: VIMTALABS's short term assets (₹1.6B) exceed its long term liabilities (₹262.8M).
Debt to Equity History and Analysis
Debt Level: VIMTALABS has more cash than its total debt.
Reducing Debt: VIMTALABS's debt to equity ratio has reduced from 15.1% to 6% over the past 5 years.
Debt Coverage: VIMTALABS's debt is well covered by operating cash flow (317.3%).
Interest Coverage: VIMTALABS's interest payments on its debt are well covered by EBIT (143x coverage).