Virgin Wines UK Balance Sheet Health
Financial Health criteria checks 6/6
Virgin Wines UK has a total shareholder equity of £22.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £42.8M and £20.1M respectively. Virgin Wines UK's EBIT is £1.1M making its interest coverage ratio -10.8. It has cash and short-term investments of £17.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -10.8x |
| Cash | UK£17.41m |
| Equity | UK£22.76m |
| Total liabilities | UK£20.06m |
| Total assets | UK£42.82m |
Recent financial health updates
No updates
Recent updates
After Leaping 26% Virgin Wines UK PLC (LON:VINO) Shares Are Not Flying Under The Radar
Apr 10
What Is Virgin Wines UK PLC's (LON:VINO) Share Price Doing?
Jan 20Is It Too Late To Consider Buying Virgin Wines UK PLC (LON:VINO)?
Aug 28Virgin Wines UK PLC's (LON:VINO) Share Price Could Signal Some Risk
Aug 01Calculating The Intrinsic Value Of Virgin Wines UK PLC (LON:VINO)
Jan 13We Think Virgin Wines UK (LON:VINO) Might Have The DNA Of A Multi-Bagger
May 06Financial Position Analysis
Short Term Liabilities: VINO's short term assets (£28.5M) exceed its short term liabilities (£17.3M).
Long Term Liabilities: VINO's short term assets (£28.5M) exceed its long term liabilities (£2.8M).
Debt to Equity History and Analysis
Debt Level: VINO is debt free.
Reducing Debt: VINO has no debt compared to 5 years ago when its debt to equity ratio was 357.7%.
Debt Coverage: VINO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VINO has no debt, therefore coverage of interest payments is not a concern.