Vmoto Balance Sheet Health
Financial Health criteria checks 6/6
Vmoto has a total shareholder equity of A$79.5M and total debt of A$4.1M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are A$96.3M and A$16.8M respectively. Vmoto's EBIT is A$6.8M making its interest coverage ratio -10.2. It has cash and short-term investments of A$42.5M.
Key information
5.2%
Debt to equity ratio
AU$4.12m
Debt
Interest coverage ratio | -10.2x |
Cash | AU$42.52m |
Equity | AU$79.50m |
Total liabilities | AU$16.82m |
Total assets | AU$96.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VMT's short term assets (A$72.9M) exceed its short term liabilities (A$15.9M).
Long Term Liabilities: VMT's short term assets (A$72.9M) exceed its long term liabilities (A$923.0K).
Debt to Equity History and Analysis
Debt Level: VMT has more cash than its total debt.
Reducing Debt: VMT's debt to equity ratio has reduced from 8.1% to 5.2% over the past 5 years.
Debt Coverage: VMT's debt is well covered by operating cash flow (93.9%).
Interest Coverage: VMT earns more interest than it pays, so coverage of interest payments is not a concern.