Vedavaag Systems Balance Sheet Health
Financial Health criteria checks 6/6
Vedavaag Systems has a total shareholder equity of ₹1.4B and total debt of ₹35.2M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹1.7B and ₹339.8M respectively. Vedavaag Systems's EBIT is ₹106.4M making its interest coverage ratio 30.3. It has cash and short-term investments of ₹60.8M.
Key information
2.5%
Debt to equity ratio
₹35.16m
Debt
| Interest coverage ratio | 30.3x |
| Cash | ₹60.78m |
| Equity | ₹1.38b |
| Total liabilities | ₹339.83m |
| Total assets | ₹1.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533056's short term assets (₹1.3B) exceed its short term liabilities (₹191.1M).
Long Term Liabilities: 533056's short term assets (₹1.3B) exceed its long term liabilities (₹148.8M).
Debt to Equity History and Analysis
Debt Level: 533056 has more cash than its total debt.
Reducing Debt: 533056's debt to equity ratio has reduced from 4.8% to 2.5% over the past 5 years.
Debt Coverage: 533056's debt is well covered by operating cash flow (271.1%).
Interest Coverage: 533056's interest payments on its debt are well covered by EBIT (30.3x coverage).