Vertiseit Balance Sheet Health
Financial Health criteria checks 6/6
Vertiseit has a total shareholder equity of SEK387.2M and total debt of SEK24.6M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are SEK537.0M and SEK149.8M respectively. Vertiseit's EBIT is SEK51.6M making its interest coverage ratio 6.4. It has cash and short-term investments of SEK29.6M.
Key information
6.4%
Debt to equity ratio
SEK 24.64m
Debt
| Interest coverage ratio | 6.4x |
| Cash | SEK 29.60m |
| Equity | SEK 387.23m |
| Total liabilities | SEK 149.76m |
| Total assets | SEK 536.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RJ1's short term assets (SEK109.0M) exceed its short term liabilities (SEK101.8M).
Long Term Liabilities: RJ1's short term assets (SEK109.0M) exceed its long term liabilities (SEK47.9M).
Debt to Equity History and Analysis
Debt Level: RJ1 has more cash than its total debt.
Reducing Debt: RJ1's debt to equity ratio has reduced from 29.1% to 6.4% over the past 5 years.
Debt Coverage: RJ1's debt is well covered by operating cash flow (285.8%).
Interest Coverage: RJ1's interest payments on its debt are well covered by EBIT (6.4x coverage).