VIB Vermögen Balance Sheet Health
Financial Health criteria checks 3/6
VIB Vermögen has a total shareholder equity of €905.7M and total debt of €917.3M, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are €1.9B and €1.0B respectively. VIB Vermögen's EBIT is €50.6M making its interest coverage ratio 19.2. It has cash and short-term investments of €59.0M.
Key information
101.3%
Debt to equity ratio
€917.25m
Debt
| Interest coverage ratio | 19.2x |
| Cash | €58.97m |
| Equity | €905.66m |
| Total liabilities | €1.01b |
| Total assets | €1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIH1's short term assets (€535.7M) exceed its short term liabilities (€60.0M).
Long Term Liabilities: VIH1's short term assets (€535.7M) do not cover its long term liabilities (€949.2M).
Debt to Equity History and Analysis
Debt Level: VIH1's net debt to equity ratio (94.8%) is considered high.
Reducing Debt: VIH1's debt to equity ratio has reduced from 121.4% to 101.3% over the past 5 years.
Debt Coverage: VIH1's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: VIH1's interest payments on its debt are well covered by EBIT (19.2x coverage).