Vocento Balance Sheet Health
Financial Health criteria checks 6/6
Vocento has a total shareholder equity of €266.8M and total debt of €52.4M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are €437.1M and €170.4M respectively. Vocento's EBIT is €9.4M making its interest coverage ratio 6.5. It has cash and short-term investments of €24.7M.
Key information
19.6%
Debt to equity ratio
€52.38m
Debt
Interest coverage ratio | 6.5x |
Cash | €24.66m |
Equity | €266.75m |
Total liabilities | €170.37m |
Total assets | €437.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VON's short term assets (€138.7M) exceed its short term liabilities (€114.7M).
Long Term Liabilities: VON's short term assets (€138.7M) exceed its long term liabilities (€55.6M).
Debt to Equity History and Analysis
Debt Level: VON's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: VON's debt to equity ratio has reduced from 21.7% to 19.6% over the past 5 years.
Debt Coverage: VON's debt is well covered by operating cash flow (40.1%).
Interest Coverage: VON's interest payments on its debt are well covered by EBIT (6.5x coverage).