Vakrangee Balance Sheet Health
Financial Health criteria checks 3/6
Vakrangee has a total shareholder equity of ₹2.0B and total debt of ₹83.2M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ₹3.5B and ₹1.5B respectively. Vakrangee's EBIT is ₹96.8M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹436.4M.
Key information
4.1%
Debt to equity ratio
₹83.17m
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹436.41m |
| Equity | ₹2.04b |
| Total liabilities | ₹1.47b |
| Total assets | ₹3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511431's short term assets (₹2.1B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 511431's short term assets (₹2.1B) exceed its long term liabilities (₹264.0M).
Debt to Equity History and Analysis
Debt Level: 511431 has more cash than its total debt.
Reducing Debt: 511431's debt to equity ratio has increased from 0% to 4.1% 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 (2.8x coverage).