Victor Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Victor Group Holdings has a total shareholder equity of A$10.0M and total debt of A$641.5K, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are A$13.6M and A$3.6M respectively.
Key information
6.4%
Debt to equity ratio
AU$641.54k
Debt
Interest coverage ratio | n/a |
Cash | AU$766.73k |
Equity | AU$9.97m |
Total liabilities | AU$3.63m |
Total assets | AU$13.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIG's short term assets (A$3.2M) do not cover its short term liabilities (A$3.6M).
Long Term Liabilities: VIG's short term assets (A$3.2M) exceed its long term liabilities (A$8.7K).
Debt to Equity History and Analysis
Debt Level: VIG has more cash than its total debt.
Reducing Debt: VIG's debt to equity ratio has increased from 0% to 6.4% over the past 5 years.
Debt Coverage: VIG's debt is well covered by operating cash flow (115.3%).
Interest Coverage: Insufficient data to determine if VIG's interest payments on its debt are well covered by EBIT.