Valtecne Balance Sheet Health
Financial Health criteria checks 5/6
Valtecne has a total shareholder equity of €19.7M and total debt of €5.1M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are €38.6M and €18.9M respectively. Valtecne's EBIT is €4.3M making its interest coverage ratio 44.3. It has cash and short-term investments of €7.4M.
Key information
25.7%
Debt to equity ratio
€5.07m
Debt
Interest coverage ratio | 44.3x |
Cash | €7.39m |
Equity | €19.71m |
Total liabilities | €18.93m |
Total assets | €38.64m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 71W's short term assets (€29.7M) exceed its short term liabilities (€12.5M).
Long Term Liabilities: 71W's short term assets (€29.7M) exceed its long term liabilities (€6.4M).
Debt to Equity History and Analysis
Debt Level: 71W has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 71W's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 71W's debt is well covered by operating cash flow (96.4%).
Interest Coverage: 71W's interest payments on its debt are well covered by EBIT (44.3x coverage).