Viemed Healthcare Balance Sheet Health
Financial Health criteria checks 6/6
Viemed Healthcare has a total shareholder equity of $121.2M and total debt of $9.5M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are $163.9M and $42.8M respectively. Viemed Healthcare's EBIT is $17.0M making its interest coverage ratio 19. It has cash and short-term investments of $8.8M.
Key information
7.8%
Debt to equity ratio
US$9.49m
Debt
| Interest coverage ratio | 19x |
| Cash | US$8.81m |
| Equity | US$121.18m |
| Total liabilities | US$42.77m |
| Total assets | US$163.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIJ's short term assets ($45.0M) exceed its short term liabilities ($31.5M).
Long Term Liabilities: VIJ's short term assets ($45.0M) exceed its long term liabilities ($11.3M).
Debt to Equity History and Analysis
Debt Level: VIJ's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: VIJ's debt to equity ratio has reduced from 12.6% to 7.8% over the past 5 years.
Debt Coverage: VIJ's debt is well covered by operating cash flow (405.3%).
Interest Coverage: VIJ's interest payments on its debt are well covered by EBIT (19x coverage).