Volt Power Group Balance Sheet Health
Financial Health criteria checks 6/6
Volt Power Group has a total shareholder equity of A$5.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.0M and A$2.3M respectively. Volt Power Group's EBIT is A$648.3K making its interest coverage ratio 20.8. It has cash and short-term investments of A$1.5M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 20.8x |
| Cash | AU$1.55m |
| Equity | AU$5.69m |
| Total liabilities | AU$2.26m |
| Total assets | AU$7.96m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VPR's short term assets (A$2.7M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: VPR's short term assets (A$2.7M) exceed its long term liabilities (A$650.6K).
Debt to Equity History and Analysis
Debt Level: VPR is debt free.
Reducing Debt: VPR has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: VPR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VPR has no debt, therefore coverage of interest payments is not a concern.