Vittia Balance Sheet Health
Financial Health criteria checks 5/6
Vittia has a total shareholder equity of R$605.2M and total debt of R$190.8M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are R$917.9M and R$312.7M respectively. Vittia's EBIT is R$81.5M making its interest coverage ratio 2.7. It has cash and short-term investments of R$17.7M.
Key information
31.5%
Debt to equity ratio
R$190.76m
Debt
Interest coverage ratio | 2.7x |
Cash | R$17.71m |
Equity | R$605.19m |
Total liabilities | R$312.70m |
Total assets | R$917.88m |
Recent financial health updates
Recent updates
We 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$563.3M) exceed its short term liabilities (R$285.7M).
Long Term Liabilities: VITT3's short term assets (R$563.3M) exceed its long term liabilities (R$27.0M).
Debt to Equity History and Analysis
Debt Level: VITT3's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: VITT3's debt to equity ratio has reduced from 86.7% to 31.5% over the past 5 years.
Debt Coverage: VITT3's debt is well covered by operating cash flow (84.6%).
Interest Coverage: VITT3's interest payments on its debt are not well covered by EBIT (2.7x coverage).