Vicat Balance Sheet Health
Financial Health criteria checks 3/6
Vicat has a total shareholder equity of €3.0B and total debt of €1.7B, which brings its debt-to-equity ratio to 57.6%. Its total assets and total liabilities are €6.4B and €3.3B respectively. Vicat's EBIT is €427.7M making its interest coverage ratio 9.4. It has cash and short-term investments of €493.5M.
Key information
57.6%
Debt to equity ratio
€1.74b
Debt
Interest coverage ratio | 9.4x |
Cash | €493.55m |
Equity | €3.02b |
Total liabilities | €3.35b |
Total assets | €6.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VCTP's short term assets (€1.8B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: VCTP's short term assets (€1.8B) do not cover its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: VCTP's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: VCTP's debt to equity ratio has increased from 41.5% to 57.6% over the past 5 years.
Debt Coverage: VCTP's debt is well covered by operating cash flow (35%).
Interest Coverage: VCTP's interest payments on its debt are well covered by EBIT (9.4x coverage).