Vitura Health Balance Sheet Health
Financial Health criteria checks 6/6
Vitura Health has a total shareholder equity of A$38.4M and total debt of A$5.3M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are A$71.3M and A$32.8M respectively. Vitura Health's EBIT is A$4.9M making its interest coverage ratio -216.1. It has cash and short-term investments of A$11.3M.
Key information
13.8%
Debt to equity ratio
AU$5.32m
Debt
| Interest coverage ratio | -216.1x |
| Cash | AU$11.35m |
| Equity | AU$38.44m |
| Total liabilities | AU$32.84m |
| Total assets | AU$71.28m |
Recent financial health updates
Recent updates
Vitura Health Limited's (ASX:VIT) 26% Dip In Price Shows Sentiment Is Matching Earnings
Aug 12
Vitura Health Limited (ASX:VIT) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Aug 12The Market Doesn't Like What It Sees From Vitura Health Limited's (ASX:VIT) Earnings Yet As Shares Tumble 43%
Apr 25Does Vitura Health (ASX:VIT) Have A Healthy Balance Sheet?
Apr 11Investors Don't See Light At End Of Vitura Health Limited's (ASX:VIT) Tunnel And Push Stock Down 37%
Feb 27Here's Why We Think Vitura Health (ASX:VIT) Is Well Worth Watching
Feb 25Calculating The Fair Value Of Vitura Health Limited (ASX:VIT)
Dec 13Here's Why Shareholders Will Not Be Complaining About Vitura Health Limited's (ASX:VIT) CEO Pay Packet
Nov 21Is Now The Time To Put Vitura Health (ASX:VIT) On Your Watchlist?
Nov 01Here's Why We Think Vitura Health (ASX:VIT) Is Well Worth Watching
Jul 18Earnings Not Telling The Story For Cronos Australia Limited (ASX:CAU) After Shares Rise 111%
Sep 12If EPS Growth Is Important To You, Cronos Australia (ASX:CAU) Presents An Opportunity
Sep 05Financial Position Analysis
Short Term Liabilities: VIT's short term assets (A$31.0M) exceed its short term liabilities (A$23.4M).
Long Term Liabilities: VIT's short term assets (A$31.0M) exceed its long term liabilities (A$9.5M).
Debt to Equity History and Analysis
Debt Level: VIT has more cash than its total debt.
Reducing Debt: VIT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VIT's debt is well covered by operating cash flow (131.6%).
Interest Coverage: VIT earns more interest than it pays, so coverage of interest payments is not a concern.