VRTU  Virtusa Corporation

Exchange

NASDAQ

Sector

Technology

Industry

EDP Services

Market Cap.

651.7M

Very Strong Balance Sheet

VRTU has more Cash than its Total Liabilities, resulting in $1.03 Net Cash per share. In other words, if you buy VRTU today, the price you're paying for shares is actually $24.95 because $1.03 of Cash is included in the current share price. This much Cash is very healthy. It can help VRTU sustain itself in the face of any economic turmoil and makes a stock buyback more of a possibility.
Figures in USD. Fiscal year ends in March
2003200420052006200720082009201020112012
Cash 12.69M 30.36M - 30.24M 45.08M 81.86M 79.03M 71.67M 95.93M 81.16M
Current Assets - - - 52.78M 86.02M 132.09M 126.14M 123.27M 159.03M 166.49M
Total Assets - - - 58.72M 99.32M 180.77M 187.02M 215.87M 246.18M 273.39M
Current Liabilities - - - 11.08M 18.93M 23.28M 31.31M 30.90M 35.77M 52.06M
Total Liabilities - - - 72.33M 80.06M 24.94M 34.44M 34.08M 38.84M 55.22M
Stockholder' Equity -21.32M -20.99M - -13.61M 19.26M 155.83M 152.59M 181.79M 207.34M 218.17M
Current Ratio - - - 4.76 4.54 5.67 4.03 3.99 4.45 3.20
TL-to-TA - - - 1.23 0.81 0.14 0.18 0.16 0.16 0.20

Consistent Reinvestment of Profits over the past 10 years

VRTU has consistently retained profits. This may put VRTU in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, VRTU can greatly improve their long-term economic picture.
Figures in USD. Fiscal year ends in March
2003200420052006200720082009201020112012
Retained Earnings - - - -18.24M 752,000.00 18.43M 30.49M 42.61M 58.81M 78.85M
Retained Earnings Growth - - - - 104.12% 2,350.53% 65.43% 39.79% 38.02% 34.07%