Vitesco Technologies Group Aktiengesellschaft

DB:VTS Stock Report

Market Cap: €1.6b

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 ratio10.8x
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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