Vetropack Holding Balance Sheet Health
Financial Health criteria checks 5/6
Vetropack Holding has a total shareholder equity of CHF750.7M and total debt of CHF255.7M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are CHF1.3B and CHF513.1M respectively. Vetropack Holding's EBIT is CHF92.1M making its interest coverage ratio 11.7. It has cash and short-term investments of CHF82.2M.
Key information
34.1%
Debt to equity ratio
CHF 255.70m
Debt
| Interest coverage ratio | 11.7x |
| Cash | CHF 82.20m |
| Equity | CHF 750.70m |
| Total liabilities | CHF 513.10m |
| Total assets | CHF 1.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VETNZ's short term assets (CHF461.5M) exceed its short term liabilities (CHF229.6M).
Long Term Liabilities: VETNZ's short term assets (CHF461.5M) exceed its long term liabilities (CHF283.5M).
Debt to Equity History and Analysis
Debt Level: VETNZ's net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: VETNZ's debt to equity ratio has increased from 8.8% to 34.1% over the past 5 years.
Debt Coverage: VETNZ's debt is well covered by operating cash flow (28.3%).
Interest Coverage: VETNZ's interest payments on its debt are well covered by EBIT (11.7x coverage).