Viscofan Balance Sheet Health
Financial Health criteria checks 5/6
Viscofan has a total shareholder equity of €932.5M and total debt of €243.1M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are €1.4B and €475.5M respectively. Viscofan's EBIT is €197.5M making its interest coverage ratio 48.4. It has cash and short-term investments of €64.7M.
Key information
26.1%
Debt to equity ratio
€243.11m
Debt
| Interest coverage ratio | 48.4x |
| Cash | €64.67m |
| Equity | €932.49m |
| Total liabilities | €475.55m |
| Total assets | €1.41b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIS's short term assets (€793.1M) exceed its short term liabilities (€336.8M).
Long Term Liabilities: VIS's short term assets (€793.1M) exceed its long term liabilities (€138.7M).
Debt to Equity History and Analysis
Debt Level: VIS's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: VIS's debt to equity ratio has increased from 20.7% to 26.1% over the past 5 years.
Debt Coverage: VIS's debt is well covered by operating cash flow (87.5%).
Interest Coverage: VIS's interest payments on its debt are well covered by EBIT (48.4x coverage).