Vama Industries Balance Sheet Health
Financial Health criteria checks 5/6
Vama Industries has a total shareholder equity of ₹192.6M and total debt of ₹56.9M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are ₹299.4M and ₹106.9M respectively.
Key information
29.5%
Debt to equity ratio
₹56.89m
Debt
Interest coverage ratio | n/a |
Cash | ₹13.89m |
Equity | ₹192.59m |
Total liabilities | ₹106.86m |
Total assets | ₹299.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512175's short term assets (₹247.2M) exceed its short term liabilities (₹97.5M).
Long Term Liabilities: 512175's short term assets (₹247.2M) exceed its long term liabilities (₹9.4M).
Debt to Equity History and Analysis
Debt Level: 512175's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 512175's debt to equity ratio has reduced from 66.6% to 29.5% over the past 5 years.
Debt Coverage: 512175's debt is well covered by operating cash flow (75.9%).
Interest Coverage: Insufficient data to determine if 512175's interest payments on its debt are well covered by EBIT.