VEOM Group Balance Sheet Health
Financial Health criteria checks 2/6
VEOM Group has a total shareholder equity of €1.1M and total debt of €18.8M, which brings its debt-to-equity ratio to 1704.6%. Its total assets and total liabilities are €28.2M and €27.1M respectively.
Key information
1,704.6%
Debt to equity ratio
€18.80m
Debt
Interest coverage ratio | n/a |
Cash | €1.35m |
Equity | €1.10m |
Total liabilities | €27.13m |
Total assets | €28.23m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALVG's short term assets (€16.0M) exceed its short term liabilities (€13.2M).
Long Term Liabilities: ALVG's short term assets (€16.0M) exceed its long term liabilities (€13.9M).
Debt to Equity History and Analysis
Debt Level: ALVG's net debt to equity ratio (1582.3%) is considered high.
Reducing Debt: ALVG's debt to equity ratio has increased from 173.5% to 1704.6% over the past 5 years.
Debt Coverage: ALVG's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: Insufficient data to determine if ALVG's interest payments on its debt are well covered by EBIT.