Vente-Unique.com Balance Sheet Health
Financial Health criteria checks 6/6
Vente-Unique.com has a total shareholder equity of €38.1M and total debt of €345.0K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are €95.3M and €57.2M respectively. Vente-Unique.com's EBIT is €13.4M making its interest coverage ratio 25.2. It has cash and short-term investments of €28.4M.
Key information
0.9%
Debt to equity ratio
€345.00k
Debt
| Interest coverage ratio | 25.2x |
| Cash | €28.44m |
| Equity | €38.09m |
| Total liabilities | €57.22m |
| Total assets | €95.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8M8's short term assets (€68.3M) exceed its short term liabilities (€40.2M).
Long Term Liabilities: 8M8's short term assets (€68.3M) exceed its long term liabilities (€17.0M).
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 6.6% to 0.9% over the past 5 years.
Debt Coverage: 8M8's debt is well covered by operating cash flow (5172.5%).
Interest Coverage: 8M8's interest payments on its debt are well covered by EBIT (25.2x coverage).