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Vita Group Balance Sheet Health
Financial Health criteria checks 4/6
Vita Group has a total shareholder equity of A$29.8M and total debt of A$1.7M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are A$53.4M and A$23.6M respectively.
Key information
5.8%
Debt to equity ratio
AU$1.73m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$16.78m |
| Equity | AU$29.81m |
| Total liabilities | AU$23.60m |
| Total assets | AU$53.42m |
Recent financial health updates
Here's Why Vita Group (ASX:VTG) Can Manage Its Debt Responsibly
Sep 28
Does Vita Group (ASX:VTG) Have A Healthy Balance Sheet?
May 14Recent updates
Is Vita Group Limited (ASX:VTG) Potentially Undervalued?
Mar 01Here's Why Vita Group (ASX:VTG) Can Manage Its Debt Responsibly
Sep 28Should You Think About Buying Vita Group Limited (ASX:VTG) Now?
May 27Does Vita Group (ASX:VTG) Have A Healthy Balance Sheet?
May 14Are Investors Undervaluing Vita Group Limited (ASX:VTG) By 37%?
Mar 24Could The Vita Group Limited (ASX:VTG) Ownership Structure Tell Us Something Useful?
Mar 11Vita Group Limited (ASX:VTG) Analysts Just Trimmed Their Revenue Forecasts By 15%
Feb 24Is Vita Group Limited (ASX:VTG) A Smart Choice For Dividend Investors?
Feb 16Would Shareholders Who Purchased Vita Group's (ASX:VTG) Stock Five Years Be Happy With The Share price Today?
Feb 02
The Returns At Vita Group (ASX:VTG) Provide Us With Signs Of What's To Come
Jan 20How Is Vita Group's (ASX:VTG) CEO Compensated?
Jan 05We're Not So Sure You Should Rely on Vita Group's (ASX:VTG) Statutory Earnings
Dec 13Should You Investigate Vita Group Limited (ASX:VTG) At AU$1.06?
Dec 01Are Vita Group's (ASX:VTG) Statutory Earnings A Good Guide To Its Underlying Profitability?
Aug 10Calculating The Fair Value Of Vita Group Limited (ASX:VTG)
Aug 10Should You Think About Buying Vita Group Limited (ASX:VTG) Now?
Jul 27Here's What Vita Group Limited's (ASX:VTG) Shareholder Ownership Structure Looks Like
Jul 14Financial Position Analysis
Short Term Liabilities: VTG's short term assets (A$22.4M) exceed its short term liabilities (A$12.0M).
Long Term Liabilities: VTG's short term assets (A$22.4M) exceed its long term liabilities (A$11.6M).
Debt to Equity History and Analysis
Debt Level: VTG has more cash than its total debt.
Reducing Debt: VTG's debt to equity ratio has reduced from 12.4% to 5.8% over the past 5 years.
Debt Coverage: VTG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VTG's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/23 17:42 |
| End of Day Share Price | 2023/06/09 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vita Group Limited is covered by 6 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | APP Securities Pty Ltd. |
| Warren Jeffries | Canaccord Genuity |
| Ian Munro | CCZ Equities Pty Limited |