Vestum Balance Sheet Health
Financial Health criteria checks 4/6
Vestum has a total shareholder equity of SEK3.9B and total debt of SEK1.9B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are SEK8.1B and SEK4.2B respectively. Vestum's EBIT is SEK291.0M making its interest coverage ratio 1.4. It has cash and short-term investments of SEK457.0M.
Key information
48.4%
Debt to equity ratio
SEK 1.90b
Debt
Interest coverage ratio | 1.4x |
Cash | SEK 457.00m |
Equity | SEK 3.92b |
Total liabilities | SEK 4.18b |
Total assets | SEK 8.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VESTUS's short term assets (SEK1.9B) do not cover its short term liabilities (SEK2.6B).
Long Term Liabilities: VESTUS's short term assets (SEK1.9B) exceed its long term liabilities (SEK1.6B).
Debt to Equity History and Analysis
Debt Level: VESTUS's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: VESTUS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VESTUS's debt is well covered by operating cash flow (36.8%).
Interest Coverage: VESTUS's interest payments on its debt are not well covered by EBIT (1.4x coverage).