Vidrala Balance Sheet Health
Financial Health criteria checks 6/6
Vidrala has a total shareholder equity of €1.3B and total debt of €438.9M, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are €2.6B and €1.2B respectively. Vidrala's EBIT is €297.8M making its interest coverage ratio 9.7. It has cash and short-term investments of €66.4M.
Key information
33.3%
Debt to equity ratio
€438.86m
Debt
| Interest coverage ratio | 9.7x |
| Cash | €66.40m |
| Equity | €1.32b |
| Total liabilities | €1.24b |
| Total assets | €2.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIDe's short term assets (€1.0B) exceed its short term liabilities (€662.6M).
Long Term Liabilities: VIDe's short term assets (€1.0B) exceed its long term liabilities (€580.1M).
Debt to Equity History and Analysis
Debt Level: VIDe's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: VIDe's debt to equity ratio has reduced from 57.8% to 33.3% over the past 5 years.
Debt Coverage: VIDe's debt is well covered by operating cash flow (78.8%).
Interest Coverage: VIDe's interest payments on its debt are well covered by EBIT (9.7x coverage).