Vetropack Holding Balance Sheet Health
Financial Health criteria checks 5/6
Vetropack Holding has a total shareholder equity of CHF768.9M and total debt of CHF264.6M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are CHF1.3B and CHF529.8M respectively. Vetropack Holding's EBIT is CHF59.7M making its interest coverage ratio 6.1. It has cash and short-term investments of CHF59.1M.
Key information
34.4%
Debt to equity ratio
CHF 264.60m
Debt
| Interest coverage ratio | 6.1x |
| Cash | CHF 59.10m |
| Equity | CHF 768.90m |
| Total liabilities | CHF 529.80m |
| Total assets | CHF 1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VETNZ's short term assets (CHF474.6M) exceed its short term liabilities (CHF235.8M).
Long Term Liabilities: VETNZ's short term assets (CHF474.6M) exceed its long term liabilities (CHF294.0M).
Debt to Equity History and Analysis
Debt Level: VETNZ's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: VETNZ's debt to equity ratio has increased from 3.1% to 34.4% over the past 5 years.
Debt Coverage: VETNZ's debt is well covered by operating cash flow (36.3%).
Interest Coverage: VETNZ's interest payments on its debt are well covered by EBIT (6.1x coverage).