Viva Leisure Balance Sheet Health
Financial Health criteria checks 3/6
Viva Leisure has a total shareholder equity of A$91.8M and total debt of A$18.2M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are A$468.3M and A$376.5M respectively. Viva Leisure's EBIT is A$24.4M making its interest coverage ratio 1.4. It has cash and short-term investments of A$4.3M.
Key information
19.8%
Debt to equity ratio
AU$18.17m
Debt
Interest coverage ratio | 1.4x |
Cash | AU$4.34m |
Equity | AU$91.75m |
Total liabilities | AU$376.54m |
Total assets | AU$468.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VVA's short term assets (A$10.0M) do not cover its short term liabilities (A$63.3M).
Long Term Liabilities: VVA's short term assets (A$10.0M) do not cover its long term liabilities (A$313.3M).
Debt to Equity History and Analysis
Debt Level: VVA's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: VVA's debt to equity ratio has reduced from 117.4% to 19.8% over the past 5 years.
Debt Coverage: VVA's debt is well covered by operating cash flow (308.9%).
Interest Coverage: VVA's interest payments on its debt are not well covered by EBIT (1.4x coverage).