V-Mart Retail Balance Sheet Health
Financial Health criteria checks 2/6
V-Mart Retail has a total shareholder equity of ₹7.5B and total debt of ₹13.9B, which brings its debt-to-equity ratio to 186.3%. Its total assets and total liabilities are ₹28.5B and ₹21.0B respectively. V-Mart Retail's EBIT is ₹387.1M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹488.5M.
Key information
186.3%
Debt to equity ratio
₹13.91b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₹488.50m |
| Equity | ₹7.47b |
| Total liabilities | ₹20.98b |
| Total assets | ₹28.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534976's short term assets (₹10.3B) exceed its short term liabilities (₹8.9B).
Long Term Liabilities: 534976's short term assets (₹10.3B) do not cover its long term liabilities (₹12.1B).
Debt to Equity History and Analysis
Debt Level: 534976's net debt to equity ratio (179.7%) is considered high.
Reducing Debt: 534976's debt to equity ratio has increased from 7.1% to 186.3% over the past 5 years.
Debt Coverage: 534976's debt is well covered by operating cash flow (27.7%).
Interest Coverage: 534976's interest payments on its debt are not well covered by EBIT (0.3x coverage).