Valiant Communications Balance Sheet Health
Financial Health criteria checks 5/6
Valiant Communications has a total shareholder equity of ₹353.1M and total debt of ₹16.4M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are ₹395.5M and ₹42.3M respectively. Valiant Communications's EBIT is ₹57.9M making its interest coverage ratio 83.4. It has cash and short-term investments of ₹76.2M.
Key information
4.7%
Debt to equity ratio
₹16.43m
Debt
Interest coverage ratio | 83.4x |
Cash | ₹76.19m |
Equity | ₹353.15m |
Total liabilities | ₹42.35m |
Total assets | ₹395.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526775's short term assets (₹299.0M) exceed its short term liabilities (₹29.0M).
Long Term Liabilities: 526775's short term assets (₹299.0M) exceed its long term liabilities (₹13.3M).
Debt to Equity History and Analysis
Debt Level: 526775 has more cash than its total debt.
Reducing Debt: 526775's debt to equity ratio has increased from 0% to 4.7% over the past 5 years.
Debt Coverage: 526775's debt is well covered by operating cash flow (339.5%).
Interest Coverage: 526775's interest payments on its debt are well covered by EBIT (83.4x coverage).