Vow Balance Sheet Health
Financial Health criteria checks 2/6
Vow has a total shareholder equity of NOK396.4M and total debt of NOK639.3M, which brings its debt-to-equity ratio to 161.3%. Its total assets and total liabilities are NOK1.5B and NOK1.1B respectively.
Key information
161.3%
Debt to equity ratio
NOK 639.30m
Debt
Interest coverage ratio | n/a |
Cash | NOK 57.50m |
Equity | NOK 396.40m |
Total liabilities | NOK 1.14b |
Total assets | NOK 1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOWO's short term assets (NOK725.3M) exceed its short term liabilities (NOK695.7M).
Long Term Liabilities: VOWO's short term assets (NOK725.3M) exceed its long term liabilities (NOK443.0M).
Debt to Equity History and Analysis
Debt Level: VOWO's net debt to equity ratio (146.8%) is considered high.
Reducing Debt: VOWO's debt to equity ratio has increased from 3.2% to 161.3% over the past 5 years.
Debt Coverage: VOWO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VOWO's interest payments on its debt are well covered by EBIT.