Vivid Mercantile Balance Sheet Health
Financial Health criteria checks 4/6
Vivid Mercantile has a total shareholder equity of ₹319.0M and total debt of ₹34.6M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are ₹355.8M and ₹36.8M respectively.
Key information
10.9%
Debt to equity ratio
₹34.63m
Debt
Interest coverage ratio | n/a |
Cash | ₹3.36m |
Equity | ₹319.03m |
Total liabilities | ₹36.75m |
Total assets | ₹355.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542046's short term assets (₹314.3M) exceed its short term liabilities (₹36.8M).
Long Term Liabilities: 542046 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 542046's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 542046's debt to equity ratio has reduced from 23.6% to 10.9% over the past 5 years.
Debt Coverage: 542046's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: Insufficient data to determine if 542046's interest payments on its debt are well covered by EBIT.