Rapala VMC Balance Sheet Health
Financial Health criteria checks 3/6
Rapala VMC has a total shareholder equity of €149.0M and total debt of €116.6M, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are €353.0M and €204.0M respectively. Rapala VMC's EBIT is €21.1M making its interest coverage ratio 13.2. It has cash and short-term investments of €25.2M.
Key information
78.3%
Debt to equity ratio
€116.60m
Debt
| Interest coverage ratio | 13.2x |
| Cash | €25.20m |
| Equity | €149.00m |
| Total liabilities | €204.00m |
| Total assets | €353.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MEF's short term assets (€202.6M) exceed its short term liabilities (€137.7M).
Long Term Liabilities: 0MEF's short term assets (€202.6M) exceed its long term liabilities (€66.3M).
Debt to Equity History and Analysis
Debt Level: 0MEF's net debt to equity ratio (61.3%) is considered high.
Reducing Debt: 0MEF's debt to equity ratio has increased from 63.1% to 78.3% over the past 5 years.
Debt Coverage: 0MEF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0MEF's interest payments on its debt are well covered by EBIT (13.2x coverage).