Veer Global Infraconstruction Balance Sheet Health
Financial Health criteria checks 5/6
Veer Global Infraconstruction has a total shareholder equity of ₹315.6M and total debt of ₹3.2M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹498.0M and ₹182.4M respectively. Veer Global Infraconstruction's EBIT is ₹12.3M making its interest coverage ratio -4108.3. It has cash and short-term investments of ₹16.6M.
Key information
1.0%
Debt to equity ratio
₹3.17m
Debt
Interest coverage ratio | -4108.3x |
Cash | ₹16.63m |
Equity | ₹315.61m |
Total liabilities | ₹182.40m |
Total assets | ₹498.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543241's short term assets (₹494.2M) exceed its short term liabilities (₹179.2M).
Long Term Liabilities: 543241's short term assets (₹494.2M) exceed its long term liabilities (₹3.2M).
Debt to Equity History and Analysis
Debt Level: 543241 has more cash than its total debt.
Reducing Debt: 543241's debt to equity ratio has reduced from 22.4% to 1% over the past 5 years.
Debt Coverage: 543241's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543241 earns more interest than it pays, so coverage of interest payments is not a concern.