Vedavaag Systems Balance Sheet Health
Financial Health criteria checks 5/6
Vedavaag Systems has a total shareholder equity of ₹1.3B and total debt of ₹55.4M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ₹1.6B and ₹297.8M respectively. Vedavaag Systems's EBIT is ₹90.3M making its interest coverage ratio -93.3. It has cash and short-term investments of ₹40.7M.
Key information
4.2%
Debt to equity ratio
₹55.43m
Debt
Interest coverage ratio | -93.3x |
Cash | ₹40.70m |
Equity | ₹1.32b |
Total liabilities | ₹297.76m |
Total assets | ₹1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533056's short term assets (₹1.2B) exceed its short term liabilities (₹212.2M).
Long Term Liabilities: 533056's short term assets (₹1.2B) exceed its long term liabilities (₹85.5M).
Debt to Equity History and Analysis
Debt Level: 533056's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 533056's debt to equity ratio has increased from 0.4% to 4.2% over the past 5 years.
Debt Coverage: 533056's debt is well covered by operating cash flow (72.3%).
Interest Coverage: 533056 earns more interest than it pays, so coverage of interest payments is not a concern.