Vista Outdoor Balance Sheet Health
Financial Health criteria checks 5/6
Vista Outdoor has a total shareholder equity of $1.1B and total debt of $829.8M, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are $2.5B and $1.4B respectively. Vista Outdoor's EBIT is $290.3M making its interest coverage ratio 4.3. It has cash and short-term investments of $57.0M.
Key information
76.6%
Debt to equity ratio
US$829.84m
Debt
Interest coverage ratio | 4.3x |
Cash | US$57.03m |
Equity | US$1.08b |
Total liabilities | US$1.37b |
Total assets | US$2.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5VO's short term assets ($1.1B) exceed its short term liabilities ($440.0M).
Long Term Liabilities: 5VO's short term assets ($1.1B) exceed its long term liabilities ($930.7M).
Debt to Equity History and Analysis
Debt Level: 5VO's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: 5VO's debt to equity ratio has reduced from 106.9% to 76.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 5VO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5VO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.3% per year.