VMS Industries Balance Sheet Health
Financial Health criteria checks 5/6
VMS Industries has a total shareholder equity of ₹917.7M and total debt of ₹206.8M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are ₹1.5B and ₹581.6M respectively. VMS Industries's EBIT is ₹49.3M making its interest coverage ratio -2.5. It has cash and short-term investments of ₹326.3M.
Key information
22.5%
Debt to equity ratio
₹206.83m
Debt
| Interest coverage ratio | -2.5x |
| Cash | ₹326.25m |
| Equity | ₹917.71m |
| Total liabilities | ₹581.61m |
| Total assets | ₹1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533427's short term assets (₹1.4B) exceed its short term liabilities (₹551.6M).
Long Term Liabilities: 533427's short term assets (₹1.4B) exceed its long term liabilities (₹30.0M).
Debt to Equity History and Analysis
Debt Level: 533427 has more cash than its total debt.
Reducing Debt: 533427's debt to equity ratio has reduced from 25.4% to 22.5% over the past 5 years.
Debt Coverage: 533427's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 533427 earns more interest than it pays, so coverage of interest payments is not a concern.