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 ratio2.5x
Cash₹147.86m
Equity₹853.77m
Total liabilities₹12.98b
Total assets₹13.83b

Recent financial health updates

Recent updates

Further Upside For Vipul Limited (NSE:VIPULLTD) Shares Could Introduce Price Risks After 27% Bounce

Apr 15
Further Upside For Vipul Limited (NSE:VIPULLTD) Shares Could Introduce Price Risks After 27% Bounce

Vipul Limited (NSE:VIPULLTD) Soars 33% But It's A Story Of Risk Vs Reward

Feb 23
Vipul Limited (NSE:VIPULLTD) Soars 33% But It's A Story Of Risk Vs Reward

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Aug 03
Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Dec 08
Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Is Vipul (NSE:VIPULLTD) A Risky Investment?

Aug 03
Is Vipul (NSE:VIPULLTD) A Risky Investment?

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Dec 08
Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Vipul (NSE:VIPULLTD) Has Debt But No Earnings; Should You Worry?

Aug 11
Vipul (NSE:VIPULLTD) Has Debt But No Earnings; Should You Worry?

Vipul (NSE:VIPULLTD) Shareholders Booked A 78% Gain In The Last Year

Mar 03
Vipul (NSE:VIPULLTD) Shareholders Booked A 78% Gain In The Last Year

Is Vipul (NSE:VIPULLTD) Using Debt Sensibly?

Dec 04
Is Vipul (NSE:VIPULLTD) Using Debt Sensibly?

Should Vipul Limited (NSE:VIPULLTD) Be Part Of Your Dividend Portfolio?

Jul 31
Should Vipul Limited (NSE:VIPULLTD) Be Part Of Your Dividend Portfolio?

Financial 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).


Balance Sheet


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