Vinyas Innovative Technologies Balance Sheet Health

Financial Health criteria checks 3/6

Vinyas Innovative Technologies has a total shareholder equity of ₹1.4B and total debt of ₹938.7M, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are ₹2.9B and ₹1.5B respectively. Vinyas Innovative Technologies's EBIT is ₹330.1M making its interest coverage ratio 4. It has cash and short-term investments of ₹80.4M.

Key information

69.4%

Debt to equity ratio

₹938.72m

Debt

Interest coverage ratio	4x
Cash	₹80.35m
Equity	₹1.35b
Total liabilities	₹1.55b
Total assets	₹2.90b

Recent financial health updates

No updates

Recent updates

Vinyas Innovative Technologies Limited's (NSE:VINYAS) Share Price Is Still Matching Investor Opinion Despite 28% Slump

Oct 09

Vinyas Innovative Technologies Limited's (NSE:VINYAS) 37% Share Price Surge Not Quite Adding Up

Jul 02

Vinyas Innovative Technologies' (NSE:VINYAS) Earnings Are Of Questionable Quality

Jun 06

Financial Position Analysis

Short Term Liabilities: VINYAS's short term assets (₹2.4B) exceed its short term liabilities (₹1.4B).

Long Term Liabilities: VINYAS's short term assets (₹2.4B) exceed its long term liabilities (₹106.0M).

Debt to Equity History and Analysis

Debt Level: VINYAS's net debt to equity ratio (63.5%) is considered high.

Reducing Debt: Insufficient data to determine if VINYAS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: VINYAS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: VINYAS's interest payments on its debt are well covered by EBIT (4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 01:00
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Vinyas Innovative Technologies Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution