V2 Retail Balance Sheet Health
Financial Health criteria checks 3/6
V2 Retail has a total shareholder equity of ₹2.5B and total debt of ₹4.5B, which brings its debt-to-equity ratio to 179.9%. Its total assets and total liabilities are ₹9.0B and ₹6.5B respectively. V2 Retail's EBIT is ₹561.0M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹30.6M.
Key information
179.9%
Debt to equity ratio
₹4.45b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹30.59m |
Equity | ₹2.48b |
Total liabilities | ₹6.51b |
Total assets | ₹8.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532867's short term assets (₹4.1B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 532867's short term assets (₹4.1B) exceed its long term liabilities (₹3.6B).
Debt to Equity History and Analysis
Debt Level: 532867's net debt to equity ratio (178.7%) is considered high.
Reducing Debt: 532867's debt to equity ratio has increased from 5.6% to 179.9% over the past 5 years.
Debt Coverage: 532867's debt is well covered by operating cash flow (21.3%).
Interest Coverage: 532867's interest payments on its debt are not well covered by EBIT (1.3x coverage).