Vetoquinol Balance Sheet Health
Financial Health criteria checks 5/6
Vetoquinol has a total shareholder equity of €505.8M and total debt of €15.8M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are €649.1M and €143.3M respectively. Vetoquinol's EBIT is €74.6M making its interest coverage ratio -28.7. It has cash and short-term investments of €99.8M.
Key information
3.1%
Debt to equity ratio
€15.81m
Debt
Interest coverage ratio | -28.7x |
Cash | €99.79m |
Equity | €505.82m |
Total liabilities | €143.32m |
Total assets | €649.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0O1O's short term assets (€315.6M) exceed its short term liabilities (€117.8M).
Long Term Liabilities: 0O1O's short term assets (€315.6M) exceed its long term liabilities (€25.6M).
Debt to Equity History and Analysis
Debt Level: 0O1O has more cash than its total debt.
Reducing Debt: 0O1O's debt to equity ratio has increased from 1.8% to 3.1% over the past 5 years.
Debt Coverage: 0O1O's debt is well covered by operating cash flow (670.2%).
Interest Coverage: 0O1O earns more interest than it pays, so coverage of interest payments is not a concern.