Vince Holding Balance Sheet Health
Financial Health criteria checks 1/6
Vince Holding has a total shareholder equity of $51.4M and total debt of $57.9M, which brings its debt-to-equity ratio to 112.7%. Its total assets and total liabilities are $245.3M and $193.9M respectively.
Key information
112.7%
Debt to equity ratio
US$57.93m
Debt
Interest coverage ratio | n/a |
Cash | US$1.22m |
Equity | US$51.41m |
Total liabilities | US$193.88m |
Total assets | US$245.29m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNC1's short term assets ($104.2M) exceed its short term liabilities ($63.5M).
Long Term Liabilities: VNC1's short term assets ($104.2M) do not cover its long term liabilities ($130.4M).
Debt to Equity History and Analysis
Debt Level: VNC1's net debt to equity ratio (110.3%) is considered high.
Reducing Debt: VNC1's debt to equity ratio has increased from 84.9% to 112.7% over the past 5 years.
Debt Coverage: VNC1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VNC1's interest payments on its debt are well covered by EBIT.