Virinchi Balance Sheet Health
Financial Health criteria checks 4/6
Virinchi has a total shareholder equity of ₹4.8B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are ₹8.7B and ₹3.9B respectively. Virinchi's EBIT is ₹515.6M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹72.5M.
Key information
39.4%
Debt to equity ratio
₹1.89b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹72.50m |
| Equity | ₹4.80b |
| Total liabilities | ₹3.92b |
| Total assets | ₹8.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532372's short term assets (₹1.9B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 532372's short term assets (₹1.9B) do not cover its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: 532372's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: 532372's debt to equity ratio has reduced from 41.2% to 39.4% over the past 5 years.
Debt Coverage: 532372's debt is well covered by operating cash flow (72.3%).
Interest Coverage: 532372's interest payments on its debt are not well covered by EBIT (1.3x coverage).