Vipul Balance Sheet Health
Financial Health criteria checks 2/6
Vipul has a total shareholder equity of ₹853.8M and total debt of ₹2.3B, which brings its debt-to-equity ratio to 273.9%. Its total assets and total liabilities are ₹13.8B and ₹13.0B respectively. Vipul's EBIT is ₹622.8M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹147.9M.
Key information
273.9%
Debt to equity ratio
₹2.34b
Debt
Interest coverage ratio | 2.5x |
Cash | ₹147.86m |
Equity | ₹853.77m |
Total liabilities | ₹12.98b |
Total assets | ₹13.83b |
Recent financial health updates
Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?
Aug 03Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?
Dec 08Is Vipul (NSE:VIPULLTD) A Risky Investment?
Aug 03Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?
Dec 08Vipul (NSE:VIPULLTD) Has Debt But No Earnings; Should You Worry?
Aug 11Is Vipul (NSE:VIPULLTD) Using Debt Sensibly?
Dec 04Recent updates
Further Upside For Vipul Limited (NSE:VIPULLTD) Shares Could Introduce Price Risks After 27% Bounce
Apr 15Vipul Limited (NSE:VIPULLTD) Soars 33% But It's A Story Of Risk Vs Reward
Feb 23Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?
Aug 03Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?
Dec 08Is Vipul (NSE:VIPULLTD) A Risky Investment?
Aug 03Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?
Dec 08Vipul (NSE:VIPULLTD) Has Debt But No Earnings; Should You Worry?
Aug 11Vipul (NSE:VIPULLTD) Shareholders Booked A 78% Gain In The Last Year
Mar 03Is Vipul (NSE:VIPULLTD) Using Debt Sensibly?
Dec 04Should Vipul Limited (NSE:VIPULLTD) Be Part Of Your Dividend Portfolio?
Jul 31Financial Position Analysis
Short Term Liabilities: VIPULLTD's short term assets (₹12.4B) do not cover its short term liabilities (₹12.7B).
Long Term Liabilities: VIPULLTD's short term assets (₹12.4B) exceed its long term liabilities (₹257.4M).
Debt to Equity History and Analysis
Debt Level: VIPULLTD's net debt to equity ratio (256.6%) is considered high.
Reducing Debt: VIPULLTD's debt to equity ratio has increased from 177.6% to 273.9% over the past 5 years.
Debt Coverage: VIPULLTD's debt is well covered by operating cash flow (171.6%).
Interest Coverage: VIPULLTD's interest payments on its debt are not well covered by EBIT (2.5x coverage).