VIB Vermögen Balance Sheet Health
Financial Health criteria checks 3/6
VIB Vermögen has a total shareholder equity of €876.7M and total debt of €930.3M, which brings its debt-to-equity ratio to 106.1%. Its total assets and total liabilities are €1.9B and €1.0B respectively. VIB Vermögen's EBIT is €56.6M making its interest coverage ratio 4.2. It has cash and short-term investments of €237.7M.
Key information
106.1%
Debt to equity ratio
€930.35m
Debt
| Interest coverage ratio | 4.2x |
| Cash | €237.74m |
| Equity | €876.72m |
| Total liabilities | €1.02b |
| Total assets | €1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIH1D's short term assets (€461.7M) exceed its short term liabilities (€58.7M).
Long Term Liabilities: VIH1D's short term assets (€461.7M) do not cover its long term liabilities (€965.1M).
Debt to Equity History and Analysis
Debt Level: VIH1D's net debt to equity ratio (79%) is considered high.
Reducing Debt: VIH1D's debt to equity ratio has reduced from 122.2% to 106.1% over the past 5 years.
Debt Coverage: VIH1D's debt is not well covered by operating cash flow (8%).
Interest Coverage: VIH1D's interest payments on its debt are well covered by EBIT (4.2x coverage).