Kumulus Vape Balance Sheet Health
Financial Health criteria checks 6/6
Kumulus Vape has a total shareholder equity of €15.8M and total debt of €3.4M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are €24.1M and €8.3M respectively. Kumulus Vape's EBIT is €3.5M making its interest coverage ratio -244.7. It has cash and short-term investments of €5.3M.
Key information
21.7%
Debt to equity ratio
€3.43m
Debt
| Interest coverage ratio | -244.7x |
| Cash | €5.25m |
| Equity | €15.82m |
| Total liabilities | €8.28m |
| Total assets | €24.10m |
Recent financial health updates
No updates
Recent updates
Kumulus Vape (EPA:ALVAP) Will Want To Turn Around Its Return Trends
Aug 01
Kumulus Vape (EPA:ALVAP) Is Reinvesting To Multiply In Value
Apr 11Kumulus Vape (EPA:ALVAP) Looks To Prolong Its Impressive Returns
Dec 19Do Kumulus Vape's (EPA:ALVAP) Earnings Warrant Your Attention?
Aug 24The Price Is Right For Kumulus Vape S.A. (EPA:ALVAP)
Jul 06Kumulus Vape's (EPA:ALVAP) Returns On Capital Not Reflecting Well On The Business
Jan 05Financial Position Analysis
Short Term Liabilities: ALVAP's short term assets (€20.0M) exceed its short term liabilities (€4.8M).
Long Term Liabilities: ALVAP's short term assets (€20.0M) exceed its long term liabilities (€3.5M).
Debt to Equity History and Analysis
Debt Level: ALVAP has more cash than its total debt.
Reducing Debt: ALVAP's debt to equity ratio has reduced from 33.5% to 21.7% over the past 5 years.
Debt Coverage: ALVAP's debt is well covered by operating cash flow (182.2%).
Interest Coverage: ALVAP earns more interest than it pays, so coverage of interest payments is not a concern.