Vecima Networks Financial Health
How is Vecima Networks's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: VCM's short term assets (CA$121.5M) exceed its short term liabilities (CA$62.9M).
Long Term Liabilities: VCM's short term assets (CA$121.5M) exceed its long term liabilities (CA$20.0M).
Debt to Equity History and Analysis
Debt Level: VCM's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: VCM's debt to equity ratio has increased from 0.4% to 7.6% over the past 5 years.
Debt Coverage: VCM's debt is well covered by operating cash flow (24.5%).
Interest Coverage: VCM's interest payments on its debt are well covered by EBIT (37.2x coverage).