Vente-Unique.com Balance Sheet Health
Financial Health criteria checks 6/6
Vente-Unique.com has a total shareholder equity of €37.7M and total debt of €382.0K, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are €89.9M and €52.2M respectively. Vente-Unique.com's EBIT is €10.6M making its interest coverage ratio 15.8. It has cash and short-term investments of €27.7M.
Key information
1.0%
Debt to equity ratio
€382.00k
Debt
Interest coverage ratio | 15.8x |
Cash | €27.71m |
Equity | €37.69m |
Total liabilities | €52.19m |
Total assets | €89.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8M8's short term assets (€61.5M) exceed its short term liabilities (€34.2M).
Long Term Liabilities: 8M8's short term assets (€61.5M) exceed its long term liabilities (€18.0M).
Debt to Equity History and Analysis
Debt Level: 8M8 has more cash than its total debt.
Reducing Debt: 8M8's debt to equity ratio has reduced from 9.5% to 1% over the past 5 years.
Debt Coverage: 8M8's debt is well covered by operating cash flow (5531.4%).
Interest Coverage: 8M8's interest payments on its debt are well covered by EBIT (15.8x coverage).