Friedrich Vorwerk Group Balance Sheet Health
Financial Health criteria checks 5/6
Friedrich Vorwerk Group has a total shareholder equity of €178.9M and total debt of €29.8M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are €317.0M and €138.1M respectively. Friedrich Vorwerk Group's EBIT is €8.9M making its interest coverage ratio 12.7. It has cash and short-term investments of €8.2M.
Key information
16.6%
Debt to equity ratio
€29.76m
Debt
| Interest coverage ratio | 12.7x |
| Cash | €8.17m |
| Equity | €178.86m |
| Total liabilities | €138.11m |
| Total assets | €316.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VH2D's short term assets (€166.3M) exceed its short term liabilities (€83.0M).
Long Term Liabilities: VH2D's short term assets (€166.3M) exceed its long term liabilities (€55.1M).
Debt to Equity History and Analysis
Debt Level: VH2D's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VH2D's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VH2D's debt is well covered by operating cash flow (151.9%).
Interest Coverage: VH2D's interest payments on its debt are well covered by EBIT (12.7x coverage).