VBG Group Balance Sheet Health
Financial Health criteria checks 6/6
VBG Group has a total shareholder equity of SEK3.9B and total debt of SEK648.2M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are SEK6.3B and SEK2.3B respectively. VBG Group's EBIT is SEK878.7M making its interest coverage ratio 31.2. It has cash and short-term investments of SEK919.6M.
Key information
16.5%
Debt to equity ratio
SEK 648.20m
Debt
| Interest coverage ratio | 31.2x |
| Cash | SEK 919.60m |
| Equity | SEK 3.92b |
| Total liabilities | SEK 2.35b |
| Total assets | SEK 6.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VBGBS's short term assets (SEK3.2B) exceed its short term liabilities (SEK889.4M).
Long Term Liabilities: VBGBS's short term assets (SEK3.2B) exceed its long term liabilities (SEK1.5B).
Debt to Equity History and Analysis
Debt Level: VBGBS has more cash than its total debt.
Reducing Debt: VBGBS's debt to equity ratio has reduced from 34.2% to 16.5% over the past 5 years.
Debt Coverage: VBGBS's debt is well covered by operating cash flow (120.4%).
Interest Coverage: VBGBS's interest payments on its debt are well covered by EBIT (31.2x coverage).