Vakrangee Balance Sheet Health
Financial Health criteria checks 3/6
Vakrangee has a total shareholder equity of ₹1.2B and total debt of ₹532.8M, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are ₹3.0B and ₹1.8B respectively. Vakrangee's EBIT is ₹85.3M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹389.5M.
Key information
44.7%
Debt to equity ratio
₹532.81m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹389.53m |
Equity | ₹1.19b |
Total liabilities | ₹1.83b |
Total assets | ₹3.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511431's short term assets (₹1.6B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 511431's short term assets (₹1.6B) exceed its long term liabilities (₹293.8M).
Debt to Equity History and Analysis
Debt Level: 511431's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: 511431's debt to equity ratio has increased from 0% to 44.7% over the past 5 years.
Debt Coverage: 511431's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 511431's interest payments on its debt are not well covered by EBIT (1.3x coverage).