Vertexplus Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Vertexplus Technologies has a total shareholder equity of ₹227.2M and total debt of ₹73.8M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are ₹312.7M and ₹85.4M respectively. Vertexplus Technologies's EBIT is ₹16.5M making its interest coverage ratio -100.7. It has cash and short-term investments of ₹114.2M.
Key information
32.5%
Debt to equity ratio
₹73.84m
Debt
Interest coverage ratio | -100.7x |
Cash | ₹114.18m |
Equity | ₹227.23m |
Total liabilities | ₹85.44m |
Total assets | ₹312.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VERTEXPLUS's short term assets (₹230.8M) exceed its short term liabilities (₹83.3M).
Long Term Liabilities: VERTEXPLUS's short term assets (₹230.8M) exceed its long term liabilities (₹2.1M).
Debt to Equity History and Analysis
Debt Level: VERTEXPLUS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if VERTEXPLUS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VERTEXPLUS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VERTEXPLUS earns more interest than it pays, so coverage of interest payments is not a concern.