VA Tech Wabag Balance Sheet Health
Financial Health criteria checks 6/6
VA Tech Wabag has a total shareholder equity of ₹16.8B and total debt of ₹2.8B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are ₹41.3B and ₹24.5B respectively. VA Tech Wabag's EBIT is ₹3.6B making its interest coverage ratio 21.2. It has cash and short-term investments of ₹3.4B.
Key information
16.9%
Debt to equity ratio
₹2.83b
Debt
Interest coverage ratio | 21.2x |
Cash | ₹3.37b |
Equity | ₹16.78b |
Total liabilities | ₹24.50b |
Total assets | ₹41.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533269's short term assets (₹31.6B) exceed its short term liabilities (₹19.5B).
Long Term Liabilities: 533269's short term assets (₹31.6B) exceed its long term liabilities (₹5.0B).
Debt to Equity History and Analysis
Debt Level: 533269 has more cash than its total debt.
Reducing Debt: 533269's debt to equity ratio has reduced from 43.5% to 16.9% over the past 5 years.
Debt Coverage: 533269's debt is well covered by operating cash flow (42%).
Interest Coverage: 533269's interest payments on its debt are well covered by EBIT (21.2x coverage).