Vittia Balance Sheet Health
Financial Health criteria checks 5/6
Vittia has a total shareholder equity of R$571.9M and total debt of R$157.9M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are R$847.1M and R$275.2M respectively. Vittia's EBIT is R$80.3M making its interest coverage ratio 2.9. It has cash and short-term investments of R$41.1M.
Key information
27.6%
Debt to equity ratio
R$157.91m
Debt
| Interest coverage ratio | 2.9x |
| Cash | R$41.09m |
| Equity | R$571.89m |
| Total liabilities | R$275.24m |
| Total assets | R$847.13m |
Recent financial health updates
We Think Vittia (BVMF:VITT3) Is Taking Some Risk With Its Debt
Sep 21
Here's Why Vittia (BVMF:VITT3) Has A Meaningful Debt Burden
Jan 26Recent updates
We Think Vittia (BVMF:VITT3) Is Taking Some Risk With Its Debt
Sep 21We Think That There Are More Issues For Vittia (BVMF:VITT3) Than Just Sluggish Earnings
May 21Here's Why Vittia (BVMF:VITT3) Has A Meaningful Debt Burden
Jan 26Investors Could Be Concerned With Vittia's (BVMF:VITT3) Returns On Capital
Oct 31Shareholders Are Optimistic That Vittia (BVMF:VITT3) Will Multiply In Value
Jul 26Capital Investment Trends At Vittia Fertilizantes e Biológicos (BVMF:VITT3) Look Strong
Jan 04We Think You Should Be Aware Of Some Concerning Factors In Vittia Fertilizantes e Biológicos' (BVMF:VITT3) Earnings
Mar 23Vittia Fertilizantes e Biológicos S.A. (BVMF:VITT3) Looks Just Right With A 31% Price Jump
Dec 02Financial Position Analysis
Short Term Liabilities: VITT3's short term assets (R$476.7M) exceed its short term liabilities (R$194.5M).
Long Term Liabilities: VITT3's short term assets (R$476.7M) exceed its long term liabilities (R$80.7M).
Debt to Equity History and Analysis
Debt Level: VITT3's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: VITT3's debt to equity ratio has reduced from 85.1% to 27.6% over the past 5 years.
Debt Coverage: VITT3's debt is well covered by operating cash flow (84.5%).
Interest Coverage: VITT3's interest payments on its debt are not well covered by EBIT (2.9x coverage).