Victor Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Victor Group Holdings has a total shareholder equity of A$6.6M and total debt of A$883.5K, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are A$13.7M and A$7.1M respectively. Victor Group Holdings's EBIT is A$116.2K making its interest coverage ratio 272.1. It has cash and short-term investments of A$1.3M.
Key information
13.4%
Debt to equity ratio
AU$883.54k
Debt
| Interest coverage ratio | 272.1x |
| Cash | AU$1.33m |
| Equity | AU$6.59m |
| Total liabilities | AU$7.13m |
| Total assets | AU$13.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIG's short term assets (A$5.7M) do not cover its short term liabilities (A$7.1M).
Long Term Liabilities: VIG's short term assets (A$5.7M) exceed its long term liabilities (A$10.5K).
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 13.4% over the past 5 years.
Debt Coverage: VIG's debt is well covered by operating cash flow (34%).
Interest Coverage: VIG's interest payments on its debt are well covered by EBIT (272.1x coverage).