V R Infraspace Balance Sheet Health
Financial Health criteria checks 3/6
V R Infraspace has a total shareholder equity of ₹119.6M and total debt of ₹97.2M, which brings its debt-to-equity ratio to 81.2%. Its total assets and total liabilities are ₹429.7M and ₹310.1M respectively. V R Infraspace's EBIT is ₹29.3M making its interest coverage ratio 4. It has cash and short-term investments of ₹8.0M.
Key information
81.2%
Debt to equity ratio
₹97.19m
Debt
Interest coverage ratio | 4x |
Cash | ₹8.03m |
Equity | ₹119.64m |
Total liabilities | ₹310.06m |
Total assets | ₹429.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VR's short term assets (₹385.0M) exceed its short term liabilities (₹221.6M).
Long Term Liabilities: VR's short term assets (₹385.0M) exceed its long term liabilities (₹88.4M).
Debt to Equity History and Analysis
Debt Level: VR's net debt to equity ratio (74.5%) is considered high.
Reducing Debt: Insufficient data to determine if VR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VR's interest payments on its debt are well covered by EBIT (4x coverage).