VMS Industries Balance Sheet Health
Financial Health criteria checks 6/6
VMS Industries has a total shareholder equity of ₹596.4M and total debt of ₹303.6M, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are ₹1.1B and ₹528.4M respectively. VMS Industries's EBIT is ₹76.5M making its interest coverage ratio -11.3. It has cash and short-term investments of ₹276.8M.
Key information
50.9%
Debt to equity ratio
₹303.60m
Debt
Interest coverage ratio | -11.3x |
Cash | ₹276.79m |
Equity | ₹596.43m |
Total liabilities | ₹528.41m |
Total assets | ₹1.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533427's short term assets (₹1.1B) exceed its short term liabilities (₹498.1M).
Long Term Liabilities: 533427's short term assets (₹1.1B) exceed its long term liabilities (₹30.3M).
Debt to Equity History and Analysis
Debt Level: 533427's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: 533427's debt to equity ratio has reduced from 55.8% to 50.9% over the past 5 years.
Debt Coverage: 533427's debt is well covered by operating cash flow (39.5%).
Interest Coverage: 533427 earns more interest than it pays, so coverage of interest payments is not a concern.