VRL Logistics Balance Sheet Health
Financial Health criteria checks 2/6
VRL Logistics has a total shareholder equity of ₹9.1B and total debt of ₹9.1B, which brings its debt-to-equity ratio to 99.7%. Its total assets and total liabilities are ₹20.4B and ₹11.3B respectively. VRL Logistics's EBIT is ₹2.2B making its interest coverage ratio 3.3. It has cash and short-term investments of ₹117.5M.
Key information
99.7%
Debt to equity ratio
₹9.07b
Debt
Interest coverage ratio | 3.3x |
Cash | ₹117.49m |
Equity | ₹9.09b |
Total liabilities | ₹11.26b |
Total assets | ₹20.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539118's short term assets (₹2.1B) do not cover its short term liabilities (₹3.7B).
Long Term Liabilities: 539118's short term assets (₹2.1B) do not cover its long term liabilities (₹7.6B).
Debt to Equity History and Analysis
Debt Level: 539118's net debt to equity ratio (98.4%) is considered high.
Reducing Debt: 539118's debt to equity ratio has increased from 9.1% to 99.7% over the past 5 years.
Debt Coverage: 539118's debt is well covered by operating cash flow (40.1%).
Interest Coverage: 539118's interest payments on its debt are well covered by EBIT (3.3x coverage).