Vilniaus Baldai Balance Sheet Health
Financial Health criteria checks 3/6
Vilniaus Baldai has a total shareholder equity of €34.8M and total debt of €36.8M, which brings its debt-to-equity ratio to 105.7%. Its total assets and total liabilities are €84.2M and €49.3M respectively. Vilniaus Baldai's EBIT is €13.3M making its interest coverage ratio 5.5. It has cash and short-term investments of €2.1M.
Key information
105.7%
Debt to equity ratio
€36.81m
Debt
Interest coverage ratio | 5.5x |
Cash | €2.13m |
Equity | €34.82m |
Total liabilities | €49.34m |
Total assets | €84.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UE3's short term assets (€22.7M) exceed its short term liabilities (€14.8M).
Long Term Liabilities: UE3's short term assets (€22.7M) do not cover its long term liabilities (€34.6M).
Debt to Equity History and Analysis
Debt Level: UE3's net debt to equity ratio (99.6%) is considered high.
Reducing Debt: UE3's debt to equity ratio has increased from 37.1% to 105.7% over the past 5 years.
Debt Coverage: UE3's debt is well covered by operating cash flow (26.6%).
Interest Coverage: UE3's interest payments on its debt are well covered by EBIT (5.5x coverage).