Viking Line Abp Balance Sheet Health
Financial Health criteria checks 4/6
Viking Line Abp has a total shareholder equity of €318.4M and total debt of €195.3M, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are €647.3M and €328.9M respectively. Viking Line Abp's EBIT is €46.9M making its interest coverage ratio 12.3. It has cash and short-term investments of €88.6M.
Key information
61.3%
Debt to equity ratio
€195.30m
Debt
| Interest coverage ratio | 12.3x |
| Cash | €88.60m |
| Equity | €318.40m |
| Total liabilities | €328.90m |
| Total assets | €647.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GFY's short term assets (€150.2M) exceed its short term liabilities (€128.6M).
Long Term Liabilities: 0GFY's short term assets (€150.2M) do not cover its long term liabilities (€200.3M).
Debt to Equity History and Analysis
Debt Level: 0GFY's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: 0GFY's debt to equity ratio has increased from 58.1% to 61.3% over the past 5 years.
Debt Coverage: 0GFY's debt is well covered by operating cash flow (30.1%).
Interest Coverage: 0GFY's interest payments on its debt are well covered by EBIT (12.3x coverage).