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Vitesco Technologies Group Balance Sheet Health
Financial Health criteria checks 5/6
Vitesco Technologies Group has a total shareholder equity of €2.9B and total debt of €701.2M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are €7.4B and €4.5B respectively. Vitesco Technologies Group's EBIT is €392.8M making its interest coverage ratio 10.8. It has cash and short-term investments of €741.3M.
Key information
23.9%
Debt to equity ratio
€701.20m
Debt
| Interest coverage ratio | 10.8x |
| Cash | €741.30m |
| Equity | €2.93b |
| Total liabilities | €4.50b |
| Total assets | €7.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTS's short term assets (€3.5B) exceed its short term liabilities (€2.9B).
Long Term Liabilities: VTS's short term assets (€3.5B) exceed its long term liabilities (€1.6B).
Debt to Equity History and Analysis
Debt Level: VTS has more cash than its total debt.
Reducing Debt: VTS's debt to equity ratio has increased from 20.1% to 23.9% over the past 5 years.
Debt Coverage: VTS's debt is well covered by operating cash flow (41.1%).
Interest Coverage: VTS's interest payments on its debt are well covered by EBIT (10.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/25 04:33 |
| End of Day Share Price | 2024/09/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
Vitesco Technologies Group Aktiengesellschaft is covered by 15 analysts. 1 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 |
|---|---|
| Romain Gourvil | Berenberg |
| Sanjay Bhagwani | Citigroup Inc |
| Citi Research | Citigroup Inc |