Vita Life Sciences Balance Sheet Health
Financial Health criteria checks 6/6
Vita Life Sciences has a total shareholder equity of A$43.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$59.8M and A$16.5M respectively. Vita Life Sciences's EBIT is A$11.9M making its interest coverage ratio -23.8. It has cash and short-term investments of A$24.6M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -23.8x |
Cash | AU$24.63m |
Equity | AU$43.33m |
Total liabilities | AU$16.48m |
Total assets | AU$59.81m |
Recent financial health updates
No updates
Recent updates
Vita Life Sciences Limited (ASX:VLS) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Mar 22Vita Life Sciences (ASX:VLS) Has Announced That It Will Be Increasing Its Dividend To A$0.06
Mar 14Vita Life Sciences' (ASX:VLS) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 28A Look At The Fair Value Of Vita Life Sciences Limited (ASX:VLS)
Dec 20Should You Be Adding Vita Life Sciences (ASX:VLS) To Your Watchlist Today?
Aug 24If You Like EPS Growth Then Check Out Vita Life Sciences (ASX:VLS) Before It's Too Late
May 14Did Vita Life Sciences' (ASX:VLS) Share Price Deserve to Gain 83%?
Mar 18Vita Life Sciences Limited (ASX:VLS) On An Uptrend: Could Fundamentals Be Driving The Stock?
Feb 17Vita Life Sciences (ASX:VLS) Is Growing Earnings But Are They A Good Guide?
Jan 20Here's Why We Think Vita Life Sciences (ASX:VLS) Is Well Worth Watching
Dec 22Vita Life Sciences Limited's (ASX:VLS) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Nov 19Vita Life Sciences Limited's (ASX:VLS) Prospects Need A Boost To Lift Shares
Jul 14Financial Position Analysis
Short Term Liabilities: VLS's short term assets (A$48.3M) exceed its short term liabilities (A$16.2M).
Long Term Liabilities: VLS's short term assets (A$48.3M) exceed its long term liabilities (A$260.0K).
Debt to Equity History and Analysis
Debt Level: VLS is debt free.
Reducing Debt: VLS has no debt compared to 5 years ago when its debt to equity ratio was 9.3%.
Debt Coverage: VLS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VLS has no debt, therefore coverage of interest payments is not a concern.