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
Revenues Not Telling The Story For Vakrangee Limited (NSE:VAKRANGEE) After Shares Rise 30%
Jan 30
Vakrangee (NSE:VAKRANGEE) Could Be At Risk Of Shrinking As A Company
Jan 05Some Investors May Be Worried About Vakrangee's (NSE:VAKRANGEE) Returns On Capital
Jun 16Vakrangee's (NSE:VAKRANGEE) Returns On Capital Not Reflecting Well On The Business
Dec 26The Returns On Capital At Vakrangee (NSE:VAKRANGEE) Don't Inspire Confidence
Sep 06Vakrangee (NSE:VAKRANGEE) Might Be Having Difficulty Using Its Capital Effectively
Feb 23Here's What's Concerning About Vakrangee's (NSE:VAKRANGEE) Returns On Capital
Aug 05The Returns On Capital At Vakrangee (NSE:VAKRANGEE) Don't Inspire Confidence
Apr 06What Type Of Returns Would Vakrangee's(NSE:VAKRANGEE) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Mar 12Do Insiders Own Lots Of Shares In Vakrangee Limited (NSE:VAKRANGEE)?
Feb 22Vakrangee Limited's (NSE:VAKRANGEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Feb 04Should Vakrangee Limited (NSE:VAKRANGEE) Be Part Of Your Income Portfolio?
Jan 21We're Watching These Trends At Vakrangee (NSE:VAKRANGEE)
Jan 06Should You Take Comfort From Insider Transactions At Vakrangee Limited (NSE:VAKRANGEE)?
Dec 22Vakrangee's (NSE:VAKRANGEE) Shareholders Are Down 88% On Their Shares
Dec 09We're Not Counting On Vakrangee (NSE:VAKRANGEE) To Sustain Its Statutory Profitability
Nov 26Here's What Vakrangee Limited's (NSE:VAKRANGEE) Shareholder Ownership Structure Looks Like
Nov 12Financial Position Analysis
Short Term Liabilities: VAKRANGEE's short term assets (₹1.6B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: VAKRANGEE's short term assets (₹1.6B) exceed its long term liabilities (₹293.8M).
Debt to Equity History and Analysis
Debt Level: VAKRANGEE's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: VAKRANGEE's debt to equity ratio has increased from 0% to 44.7% over the past 5 years.
Debt Coverage: VAKRANGEE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VAKRANGEE's interest payments on its debt are not well covered by EBIT (1.3x coverage).