Vysarn Balance Sheet Health
Financial Health criteria checks 5/6
Vysarn has a total shareholder equity of A$37.1M and total debt of A$5.5M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are A$61.5M and A$24.4M respectively. Vysarn's EBIT is A$11.8M making its interest coverage ratio 29.1. It has cash and short-term investments of A$7.2M.
Key information
14.8%
Debt to equity ratio
AU$5.48m
Debt
| Interest coverage ratio | 29.1x |
| Cash | AU$7.17m |
| Equity | AU$37.11m |
| Total liabilities | AU$24.40m |
| Total assets | AU$61.51m |
Recent financial health updates
Here's Why Vysarn (ASX:VYS) Can Manage Its Debt Responsibly
Feb 24
We Think Vysarn (ASX:VYS) Can Stay On Top Of Its Debt
Nov 15Vysarn (ASX:VYS) Has A Somewhat Strained Balance Sheet
Mar 31We Think Vysarn (ASX:VYS) Is Taking Some Risk With Its Debt
May 14Recent updates
Here's Why We Think Vysarn (ASX:VYS) Might Deserve Your Attention Today
Mar 27Here's Why Vysarn (ASX:VYS) Can Manage Its Debt Responsibly
Feb 24Shareholders Will Probably Hold Off On Increasing Vysarn Limited's (ASX:VYS) CEO Compensation For The Time Being
Nov 17We Think Vysarn (ASX:VYS) Can Stay On Top Of Its Debt
Nov 15Vysarn Limited's (ASX:VYS) 28% Price Boost Is Out Of Tune With Earnings
Sep 02Estimating The Fair Value Of Vysarn Limited (ASX:VYS)
Jun 23Vysarn (ASX:VYS) Has A Somewhat Strained Balance Sheet
Mar 31Most Shareholders Will Probably Agree With Vysarn Limited's (ASX:VYS) CEO Compensation
Nov 17We Think Vysarn (ASX:VYS) Is Taking Some Risk With Its Debt
May 14Vysarn Limited's (ASX:VYS) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Mar 03We Wouldn't Rely On Vysarn's (ASX:VYS) Statutory Earnings As A Guide
Dec 22Financial Position Analysis
Short Term Liabilities: VYS's short term assets (A$24.2M) exceed its short term liabilities (A$15.2M).
Long Term Liabilities: VYS's short term assets (A$24.2M) exceed its long term liabilities (A$9.2M).
Debt to Equity History and Analysis
Debt Level: VYS has more cash than its total debt.
Reducing Debt: VYS's debt to equity ratio has increased from 0% to 14.8% over the past 5 years.
Debt Coverage: VYS's debt is well covered by operating cash flow (230.5%).
Interest Coverage: VYS's interest payments on its debt are well covered by EBIT (29.1x coverage).