VA Tech Wabag Balance Sheet Health
Financial Health criteria checks 6/6
VA Tech Wabag has a total shareholder equity of ₹19.7B and total debt of ₹4.2B, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are ₹46.8B and ₹27.0B respectively. VA Tech Wabag's EBIT is ₹4.0B making its interest coverage ratio 132.2. It has cash and short-term investments of ₹6.4B.
Key information
21.4%
Debt to equity ratio
₹4.23b
Debt
| Interest coverage ratio | 132.2x |
| Cash | ₹6.37b |
| Equity | ₹19.72b |
| Total liabilities | ₹27.04b |
| Total assets | ₹46.76b |
Recent financial health updates
Here's Why VA Tech Wabag (NSE:WABAG) Can Manage Its Debt Responsibly
Aug 31
Does VA Tech Wabag (NSE:WABAG) Have A Healthy Balance Sheet?
Feb 01Does VA Tech Wabag (NSE:WABAG) Have A Healthy Balance Sheet?
Mar 24Is VA Tech Wabag (NSE:WABAG) Using Too Much Debt?
Dec 21Recent updates
Market Participants Recognise VA Tech Wabag Limited's (NSE:WABAG) Revenues Pushing Shares 28% Higher
Oct 17Why VA Tech Wabag Limited (NSE:WABAG) Could Be Worth Watching
Oct 09Do VA Tech Wabag's (NSE:WABAG) Earnings Warrant Your Attention?
Sep 23Here's Why VA Tech Wabag (NSE:WABAG) Can Manage Its Debt Responsibly
Aug 31Return Trends At VA Tech Wabag (NSE:WABAG) Aren't Appealing
Jul 28VA Tech Wabag Limited's (NSE:WABAG) Shares Climb 33% But Its Business Is Yet to Catch Up
Jun 11Is Now The Time To Look At Buying VA Tech Wabag Limited (NSE:WABAG)?
Jun 07Further Upside For VA Tech Wabag Limited (NSE:WABAG) Shares Could Introduce Price Risks After 31% Bounce
Apr 18VA Tech Wabag (NSE:WABAG) Has Some Way To Go To Become A Multi-Bagger
Apr 18VA Tech Wabag Limited (NSE:WABAG) Soars 32% But It's A Story Of Risk Vs Reward
Feb 27Does VA Tech Wabag (NSE:WABAG) Have A Healthy Balance Sheet?
Feb 01These Analysts Just Made A Meaningful Downgrade To Their VA Tech Wabag Limited (NSE:WABAG) EPS Forecasts
Nov 12Is Now The Time To Look At Buying VA Tech Wabag Limited (NSE:WABAG)?
Nov 09Returns On Capital At VA Tech Wabag (NSE:WABAG) Have Hit The Brakes
May 30Here's Why We Think VA Tech Wabag (NSE:WABAG) Might Deserve Your Attention Today
May 10Does VA Tech Wabag (NSE:WABAG) Have A Healthy Balance Sheet?
Mar 24Is VA Tech Wabag Limited (NSE:WABAG) Potentially Undervalued?
Mar 07Capital Allocation Trends At VA Tech Wabag (NSE:WABAG) Aren't Ideal
Sep 06Analysts Are More Bearish On VA Tech Wabag Limited (NSE:WABAG) Than They Used To Be
Jun 03Is VA Tech Wabag (NSE:WABAG) Using Too Much Debt?
Dec 21Shareholders Will Probably Hold Off On Increasing VA Tech Wabag Limited's (NSE:WABAG) CEO Compensation For The Time Being
Aug 18Is Now An Opportune Moment To Examine VA Tech Wabag Limited (NSE:WABAG)?
Jun 16Does This Valuation Of VA Tech Wabag Limited (NSE:WABAG) Imply Investors Are Overpaying?
Apr 08Has VA Tech Wabag (NSE:WABAG) Got What It Takes To Become A Multi-Bagger?
Mar 08Is Now An Opportune Moment To Examine VA Tech Wabag Limited (NSE:WABAG)?
Feb 22What Type Of Shareholders Make Up VA Tech Wabag Limited's (NSE:WABAG) Share Registry?
Feb 09
We're Not So Sure You Should Rely on VA Tech Wabag's (NSE:WABAG) Statutory Earnings
Jan 26Financial Position Analysis
Short Term Liabilities: WABAG's short term assets (₹37.5B) exceed its short term liabilities (₹21.2B).
Long Term Liabilities: WABAG's short term assets (₹37.5B) exceed its long term liabilities (₹5.9B).
Debt to Equity History and Analysis
Debt Level: WABAG has more cash than its total debt.
Reducing Debt: WABAG's debt to equity ratio has reduced from 51.6% to 21.4% over the past 5 years.
Debt Coverage: WABAG's debt is well covered by operating cash flow (32.1%).
Interest Coverage: WABAG's interest payments on its debt are well covered by EBIT (132.2x coverage).