Variman Global Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Variman Global Enterprises has a total shareholder equity of ₹352.5M and total debt of ₹271.9M, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are ₹775.6M and ₹423.1M respectively.
Key information
77.1%
Debt to equity ratio
₹271.91m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹9.06m |
| Equity | ₹352.48m |
| Total liabilities | ₹423.14m |
| Total assets | ₹775.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540570's short term assets (₹632.6M) exceed its short term liabilities (₹279.0M).
Long Term Liabilities: 540570's short term assets (₹632.6M) exceed its long term liabilities (₹144.1M).
Debt to Equity History and Analysis
Debt Level: 540570's net debt to equity ratio (74.6%) is considered high.
Reducing Debt: 540570's debt to equity ratio has reduced from 89% to 77.1% over the past 5 years.
Debt Coverage: 540570's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: Insufficient data to determine if 540570's interest payments on its debt are well covered by EBIT.