VBG Group Balance Sheet Health
Financial Health criteria checks 6/6
VBG Group has a total shareholder equity of SEK4.0B and total debt of SEK623.0M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are SEK6.2B and SEK2.2B respectively. VBG Group's EBIT is SEK825.8M making its interest coverage ratio 34.9. It has cash and short-term investments of SEK927.3M.
Key information
15.7%
Debt to equity ratio
SEK 623.00m
Debt
| Interest coverage ratio | 34.9x |
| Cash | SEK 927.30m |
| Equity | SEK 3.96b |
| Total liabilities | SEK 2.19b |
| Total assets | SEK 6.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KU4's short term assets (SEK3.0B) exceed its short term liabilities (SEK776.8M).
Long Term Liabilities: KU4's short term assets (SEK3.0B) exceed its long term liabilities (SEK1.4B).
Debt to Equity History and Analysis
Debt Level: KU4 has more cash than its total debt.
Reducing Debt: KU4's debt to equity ratio has reduced from 32.6% to 15.7% over the past 5 years.
Debt Coverage: KU4's debt is well covered by operating cash flow (106.7%).
Interest Coverage: KU4's interest payments on its debt are well covered by EBIT (34.9x coverage).