CG-VAK Software and Exports Balance Sheet Health
Financial Health criteria checks 5/6
CG-VAK Software and Exports has a total shareholder equity of ₹590.8M and total debt of ₹35.9M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹664.1M and ₹73.3M respectively. CG-VAK Software and Exports's EBIT is ₹124.2M making its interest coverage ratio 56.1. It has cash and short-term investments of ₹108.9M.
Key information
6.1%
Debt to equity ratio
₹35.92m
Debt
Interest coverage ratio | 56.1x |
Cash | ₹108.88m |
Equity | ₹590.79m |
Total liabilities | ₹73.31m |
Total assets | ₹664.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531489's short term assets (₹272.4M) exceed its short term liabilities (₹39.4M).
Long Term Liabilities: 531489's short term assets (₹272.4M) exceed its long term liabilities (₹33.9M).
Debt to Equity History and Analysis
Debt Level: 531489 has more cash than its total debt.
Reducing Debt: 531489's debt to equity ratio has increased from 3.7% to 6.1% over the past 5 years.
Debt Coverage: 531489's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 531489's interest payments on its debt are well covered by EBIT (56.1x coverage).