Vecima Networks Balance Sheet Health
Financial Health criteria checks 5/6
Vecima Networks has a total shareholder equity of CA$235.4M and total debt of CA$52.7M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are CA$369.5M and CA$134.1M respectively. Vecima Networks's EBIT is CA$32.3M making its interest coverage ratio 3.9. It has cash and short-term investments of CA$2.2M.
Key information
22.4%
Debt to equity ratio
CA$52.66m
Debt
| Interest coverage ratio | 3.9x |
| Cash | CA$2.22m |
| Equity | CA$235.41m |
| Total liabilities | CA$134.05m |
| Total assets | CA$369.47m |
Recent financial health updates
Does Vecima Networks (TSE:VCM) Have A Healthy Balance Sheet?
Feb 16
We Think Vecima Networks (TSE:VCM) Can Stay On Top Of Its Debt
Jun 20Recent updates
Vecima Networks (TSE:VCM) Is Paying Out A Dividend Of CA$0.055
Sep 21Why Investors Shouldn't Be Surprised By Vecima Networks Inc.'s (TSE:VCM) 31% Share Price Surge
Mar 13Vecima Networks (TSE:VCM) Shareholders Will Want The ROCE Trajectory To Continue
Mar 13Vecima Networks' (TSE:VCM) Soft Earnings Are Actually Better Than They Appear
Feb 21Vecima Networks (TSE:VCM) Will Pay A Dividend Of CA$0.055
Feb 17Does Vecima Networks (TSE:VCM) Have A Healthy Balance Sheet?
Feb 16Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055
Sep 24There's Been No Shortage Of Growth Recently For Vecima Networks' (TSE:VCM) Returns On Capital
May 12We Think Vecima Networks (TSE:VCM) Can Stay On Top Of Its Debt
Jun 20At CA$14.60, Is It Time To Put Vecima Networks Inc. (TSE:VCM) On Your Watch List?
May 25Financial Position Analysis
Short Term Liabilities: VCM's short term assets (CA$197.7M) exceed its short term liabilities (CA$114.3M).
Long Term Liabilities: VCM's short term assets (CA$197.7M) exceed its long term liabilities (CA$19.8M).
Debt to Equity History and Analysis
Debt Level: VCM's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: VCM's debt to equity ratio has increased from 1.1% to 22.4% over the past 5 years.
Debt Coverage: VCM's debt is well covered by operating cash flow (35.6%).
Interest Coverage: VCM's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 09:57 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vecima Networks Inc. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Byrne | Acumen Capital Finance Partners Limited |
| Ku Kang | B. Riley Securities, Inc. |
| Todd Coupland | CIBC Capital Markets |