Vassiliko Cement Works Balance Sheet Health
Financial Health criteria checks 6/6
Vassiliko Cement Works has a total shareholder equity of €257.2M and total debt of €12.5M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are €304.1M and €46.8M respectively. Vassiliko Cement Works's EBIT is €31.3M making its interest coverage ratio 155.6. It has cash and short-term investments of €18.2M.
Key information
4.9%
Debt to equity ratio
€12.52m
Debt
Interest coverage ratio | 155.6x |
Cash | €18.18m |
Equity | €257.24m |
Total liabilities | €46.82m |
Total assets | €304.06m |
Recent financial health updates
Recent updates
Vassiliko Cement Works (CSE:VCW) Is Reducing Its Dividend To €0.06
Oct 11Vassiliko Cement Works' (CSE:VCW) Dividend Will Be Reduced To €0.13
May 25Vassiliko Cement Works (CSE:VCW) Has Announced That Its Dividend Will Be Reduced To €0.13
Apr 11We Think Vassiliko Cement Works (CSE:VCW) Can Stay On Top Of Its Debt
May 08Can Vassiliko Cement Works (CSE:VCW) Continue To Grow Its Returns On Capital?
Feb 11How Does Vassiliko Cement Works Public Company Ltd (CSE:VCW) Fare As A Dividend Stock?
Jan 15Financial Position Analysis
Short Term Liabilities: VCW's short term assets (€76.6M) exceed its short term liabilities (€14.9M).
Long Term Liabilities: VCW's short term assets (€76.6M) exceed its long term liabilities (€31.9M).
Debt to Equity History and Analysis
Debt Level: VCW has more cash than its total debt.
Reducing Debt: VCW's debt to equity ratio has reduced from 9.9% to 4.9% over the past 5 years.
Debt Coverage: VCW's debt is well covered by operating cash flow (314.1%).
Interest Coverage: VCW's interest payments on its debt are well covered by EBIT (155.6x coverage).