Veer Global Infraconstruction Balance Sheet Health
Financial Health criteria checks 4/6
Veer Global Infraconstruction has a total shareholder equity of ₹346.3M and total debt of ₹140.2M, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are ₹815.9M and ₹469.6M respectively. Veer Global Infraconstruction's EBIT is ₹22.2M making its interest coverage ratio 5.8. It has cash and short-term investments of ₹25.5M.
Key information
40.5%
Debt to equity ratio
₹140.17m
Debt
| Interest coverage ratio | 5.8x |
| Cash | ₹25.52m |
| Equity | ₹346.35m |
| Total liabilities | ₹469.56m |
| Total assets | ₹815.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543241's short term assets (₹778.5M) exceed its short term liabilities (₹332.1M).
Long Term Liabilities: 543241's short term assets (₹778.5M) exceed its long term liabilities (₹137.4M).
Debt to Equity History and Analysis
Debt Level: 543241's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: 543241's debt to equity ratio has increased from 9.1% to 40.5% over the past 5 years.
Debt Coverage: 543241's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543241's interest payments on its debt are well covered by EBIT (5.8x coverage).