Virinchi Balance Sheet Health
Financial Health criteria checks 4/6
Virinchi has a total shareholder equity of ₹4.5B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are ₹8.5B and ₹4.0B respectively. Virinchi's EBIT is ₹555.4M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹200.3M.
Key information
44.0%
Debt to equity ratio
₹2.00b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹200.25m |
Equity | ₹4.54b |
Total liabilities | ₹3.97b |
Total assets | ₹8.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532372's short term assets (₹2.1B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 532372's short term assets (₹2.1B) do not cover its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: 532372's net debt to equity ratio (39.6%) is considered satisfactory.
Reducing Debt: 532372's debt to equity ratio has reduced from 51.1% to 44% over the past 5 years.
Debt Coverage: 532372's debt is well covered by operating cash flow (58.3%).
Interest Coverage: 532372's interest payments on its debt are not well covered by EBIT (1.3x coverage).