This company listing is no longer active
Varia Europe Properties Balance Sheet Health
Financial Health criteria checks 6/6
Varia Europe Properties has a total shareholder equity of €23.1M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €25.4M and €2.2M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €2.56m |
Equity | €23.11m |
Total liabilities | €2.24m |
Total assets | €25.36m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VARE's short term assets (€2.6M) exceed its short term liabilities (€2.2M).
Long Term Liabilities: VARE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VARE is debt free.
Reducing Debt: VARE has not had any debt for past 5 years.
Debt Coverage: VARE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VARE has no debt, therefore coverage of interest payments is not a concern.