VA Tech Wabag Balance Sheet Health
Financial Health criteria checks 6/6
VA Tech Wabag has a total shareholder equity of ₹18.2B and total debt of ₹2.9B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ₹45.7B and ₹27.5B respectively. VA Tech Wabag's EBIT is ₹3.8B making its interest coverage ratio 478.5. It has cash and short-term investments of ₹5.1B.
Key information
15.8%
Debt to equity ratio
₹2.89b
Debt
| Interest coverage ratio | 478.5x |
| Cash | ₹5.06b |
| Equity | ₹18.24b |
| Total liabilities | ₹27.51b |
| Total assets | ₹45.75b |
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 21Here's Why VA Tech Wabag (NSE:WABAG) Has A Meaningful Debt Burden
Dec 15
Recent updates
Here'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 09We're Not So Sure You Should Rely on VA Tech Wabag's (NSE:WABAG) Statutory Earnings
Jan 26Can Mixed Fundamentals Have A Negative Impact on VA Tech Wabag Limited (NSE:WABAG) Current Share Price Momentum?
Jan 12How Much Did VA Tech Wabag's (NSE:WABAG) CEO Pocket Last Year?
Dec 29Here's Why VA Tech Wabag (NSE:WABAG) Has A Meaningful Debt Burden
Dec 15Is VA Tech Wabag (NSE:WABAG) Likely To Turn Things Around?
Dec 02Analyst Forecasts For VA Tech Wabag Limited (NSE:WABAG) Are Surging Higher
Nov 19Financial Position Analysis
Short Term Liabilities: WABAG's short term assets (₹36.3B) exceed its short term liabilities (₹21.5B).
Long Term Liabilities: WABAG's short term assets (₹36.3B) exceed its long term liabilities (₹6.0B).
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 56.5% to 15.8% over the past 5 years.
Debt Coverage: WABAG's debt is well covered by operating cash flow (46.2%).
Interest Coverage: WABAG's interest payments on its debt are well covered by EBIT (478.5x coverage).