Kumulus Vape Balance Sheet Health
Financial Health criteria checks 5/6
Kumulus Vape has a total shareholder equity of €13.7M and total debt of €670.2K, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are €17.8M and €4.2M respectively. Kumulus Vape's EBIT is €3.6M making its interest coverage ratio 479.4. It has cash and short-term investments of €4.7M.
Key information
4.9%
Debt to equity ratio
€670.21k
Debt
| Interest coverage ratio | 479.4x |
| Cash | €4.73m |
| Equity | €13.68m |
| Total liabilities | €4.16m |
| Total assets | €17.84m |
Recent financial health updates
No updates
Recent updates
Kumulus Vape (EPA:ALVAP) Is Reinvesting To Multiply In Value
Apr 11
Kumulus 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 (€16.5M) exceed its short term liabilities (€3.5M).
Long Term Liabilities: ALVAP's short term assets (€16.5M) exceed its long term liabilities (€655.6K).
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 25.4% to 4.9% over the past 5 years.
Debt Coverage: ALVAP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALVAP's interest payments on its debt are well covered by EBIT (479.4x coverage).