Vincit Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Vincit Oyj has a total shareholder equity of €36.1M and total debt of €106.1K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are €57.0M and €20.8M respectively. Vincit Oyj's EBIT is €1.3M making its interest coverage ratio -31. It has cash and short-term investments of €12.2M.
Key information
0.3%
Debt to equity ratio
€106.12k
Debt
| Interest coverage ratio | -31x |
| Cash | €12.16m |
| Equity | €36.12m |
| Total liabilities | €20.84m |
| Total assets | €56.96m |
Recent financial health updates
No updates
Recent updates
Investors Aren't Buying Vincit Oyj's (HEL:VINCIT) Revenues
Feb 24
Vincit Oyj (HEL:VINCIT) Could Be Struggling To Allocate Capital
Dec 21Vincit Oyj (HEL:VINCIT) Will Want To Turn Around Its Return Trends
Jun 22Vincit Oyj's (HEL:VINCIT) Returns On Capital Not Reflecting Well On The Business
Mar 07Vincit Oyj (HEL:VINCIT) Looks To Prolong Its Impressive Returns
Oct 03Should You Think About Buying Vincit Oyj (HEL:VINCIT) Now?
May 07Be Wary Of Vincit Oyj (HEL:VINCIT) And Its Returns On Capital
Apr 09Is It Worth Considering Vincit Oyj (HEL:VINCIT) For Its Upcoming Dividend?
Mar 21If You Had Bought Vincit Oyj (HEL:VINCIT) Stock A Year Ago, You Could Pocket A 199% Gain Today
Mar 20Could Vincit Oyj (HEL:VINCIT) Have The Makings Of Another Dividend Aristocrat?
Mar 04Vincit Oyj's (HEL:VINCIT) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 17Estimating The Fair Value Of Vincit Oyj (HEL:VINCIT)
Feb 02When Should You Buy Vincit Oyj (HEL:VINCIT)?
Jan 20
Is There More To The Story Than Vincit Oyj's (HEL:VINCIT) Earnings Growth?
Jan 07We're Watching These Trends At Vincit Oyj (HEL:VINCIT)
Dec 24Should Vincit Oyj (HEL:VINCIT) Be Disappointed With Their 34% Profit?
Dec 08Is Vincit Oyj (HEL:VINCIT) An Attractive Dividend Stock?
Nov 26Financial Position Analysis
Short Term Liabilities: VINCIT's short term assets (€33.8M) exceed its short term liabilities (€20.8M).
Long Term Liabilities: VINCIT's short term assets (€33.8M) exceed its long term liabilities (€79.2K).
Debt to Equity History and Analysis
Debt Level: VINCIT has more cash than its total debt.
Reducing Debt: VINCIT's debt to equity ratio has reduced from 10.2% to 0.3% over the past 5 years.
Debt Coverage: VINCIT's debt is well covered by operating cash flow (4953.3%).
Interest Coverage: VINCIT earns more interest than it pays, so coverage of interest payments is not a concern.