Vestum Balance Sheet Health
Financial Health criteria checks 5/6
Vestum has a total shareholder equity of SEK3.9B and total debt of SEK1.8B, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are SEK7.9B and SEK3.9B respectively. Vestum's EBIT is SEK253.0M making its interest coverage ratio 0.8. It has cash and short-term investments of SEK252.0M.
Key information
45.0%
Debt to equity ratio
SEK 1.77b
Debt
| Interest coverage ratio | 0.8x |
| Cash | SEK 252.00m |
| Equity | SEK 3.93b |
| Total liabilities | SEK 3.93b |
| Total assets | SEK 7.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VESTUS's short term assets (SEK1.7B) exceed its short term liabilities (SEK1.3B).
Long Term Liabilities: VESTUS's short term assets (SEK1.7B) do not cover its long term liabilities (SEK2.7B).
Debt to Equity History and Analysis
Debt Level: VESTUS's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: VESTUS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VESTUS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VESTUS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 66.9% per year.