Vivaa Tradecom Balance Sheet Health
Financial Health criteria checks 5/6
Vivaa Tradecom has a total shareholder equity of ₹210.4M and total debt of ₹41.3M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are ₹627.9M and ₹417.5M respectively. Vivaa Tradecom's EBIT is ₹9.1M making its interest coverage ratio 30.3. It has cash and short-term investments of ₹3.7M.
Key information
19.6%
Debt to equity ratio
₹41.25m
Debt
Interest coverage ratio | 30.3x |
Cash | ₹3.72m |
Equity | ₹210.40m |
Total liabilities | ₹417.45m |
Total assets | ₹627.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544002's short term assets (₹616.9M) exceed its short term liabilities (₹369.0M).
Long Term Liabilities: 544002's short term assets (₹616.9M) exceed its long term liabilities (₹48.4M).
Debt to Equity History and Analysis
Debt Level: 544002's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: 544002's debt to equity ratio has reduced from 369.2% to 19.6% over the past 5 years.
Debt Coverage: 544002's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544002's interest payments on its debt are well covered by EBIT (30.3x coverage).