Vector Capital Balance Sheet Health
Financial Health criteria checks 2/6
Vector Capital has a total shareholder equity of £25.5M and total debt of £19.2M, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are £49.1M and £23.5M respectively. Vector Capital's EBIT is £3.8M making its interest coverage ratio 2.2. It has cash and short-term investments of £306.0K.
Key information
75.1%
Debt to equity ratio
UK£19.17m
Debt
| Interest coverage ratio | 2.2x |
| Cash | UK£306.00k |
| Equity | UK£25.52m |
| Total liabilities | UK£23.53m |
| Total assets | UK£49.05m |
Recent financial health updates
No updates
Recent updates
Vector Capital's (LON:VCAP) Dividend Will Be £0.0153
Apr 24
Vector Capital (LON:VCAP) Has Affirmed Its Dividend Of £0.01
Sep 08Vector Capital (LON:VCAP) Has Announced That It Will Be Increasing Its Dividend To £0.0153
May 05Vector Capital (LON:VCAP) Is Paying Out A Larger Dividend Than Last Year
Sep 10Vector Capital (LON:VCAP) Is Due To Pay A Dividend Of UK£0.015
Apr 30Does Vector Capital Plc (LON:VCAP) Have A Place In Your Dividend Portfolio?
Apr 16Financial Position Analysis
Short Term Liabilities: VCAP's short term assets (£49.1M) exceed its short term liabilities (£22.8M).
Long Term Liabilities: VCAP's short term assets (£49.1M) exceed its long term liabilities (£712.0K).
Debt to Equity History and Analysis
Debt Level: VCAP's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: VCAP's debt to equity ratio has increased from 0% to 75.1% over the past 5 years.
Debt Coverage: VCAP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VCAP's interest payments on its debt are not well covered by EBIT (2.2x coverage).