Vita Life Sciences Balance Sheet Health
Financial Health criteria checks 6/6
Vita Life Sciences has a total shareholder equity of A$48.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$68.0M and A$19.3M respectively. Vita Life Sciences's EBIT is A$12.1M making its interest coverage ratio -13.1. It has cash and short-term investments of A$27.7M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -13.1x |
| Cash | AU$27.75m |
| Equity | AU$48.70m |
| Total liabilities | AU$19.25m |
| Total assets | AU$67.95m |
Recent financial health updates
No updates
Recent updates
Vita Life Sciences Limited (ASX:VLS) Looks Inexpensive But Perhaps Not Attractive Enough
Sep 23
Vita Life Sciences (ASX:VLS) Has Announced A Dividend Of A$0.035
Aug 28Vita 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 19
Vita 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$56.3M) exceed its short term liabilities (A$19.0M).
Long Term Liabilities: VLS's short term assets (A$56.3M) exceed its long term liabilities (A$236.0K).
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%.
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.