Vittia Balance Sheet Health
Financial Health criteria checks 6/6
Vittia has a total shareholder equity of R$620.4M and total debt of R$167.5M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are R$925.8M and R$305.4M respectively. Vittia's EBIT is R$99.0M making its interest coverage ratio 3.2. It has cash and short-term investments of R$82.8M.
Key information
27.0%
Debt to equity ratio
R$167.55m
Debt
| Interest coverage ratio | 3.2x |
| Cash | R$82.83m |
| Equity | R$620.37m |
| Total liabilities | R$305.39m |
| Total assets | R$925.76m |
Recent financial health updates
Recent updates
Here's Why Vittia (BVMF:VITT3) Has A Meaningful Debt Burden
Jan 26
Investors 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$571.6M) exceed its short term liabilities (R$277.7M).
Long Term Liabilities: VITT3's short term assets (R$571.6M) exceed its long term liabilities (R$27.7M).
Debt to Equity History and Analysis
Debt Level: VITT3's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: VITT3's debt to equity ratio has reduced from 88.6% to 27% over the past 5 years.
Debt Coverage: VITT3's debt is well covered by operating cash flow (87.6%).
Interest Coverage: VITT3's interest payments on its debt are well covered by EBIT (3.2x coverage).