Vogiatzoglou Systems Balance Sheet Health
Financial Health criteria checks 5/6
Vogiatzoglou Systems has a total shareholder equity of €18.4M and total debt of €3.8M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are €32.9M and €14.5M respectively. Vogiatzoglou Systems's EBIT is €2.3M making its interest coverage ratio 6.4. It has cash and short-term investments of €2.4M.
Key information
20.6%
Debt to equity ratio
€3.79m
Debt
Interest coverage ratio | 6.4x |
Cash | €2.36m |
Equity | €18.43m |
Total liabilities | €14.49m |
Total assets | €32.93m |
Recent financial health updates
Recent updates
Vogiatzoglou Systems (ATH:VOSYS) Has More To Do To Multiply In Value Going Forward
Oct 26Slowing Rates Of Return At Vogiatzoglou Systems (ATH:VOSYS) Leave Little Room For Excitement
Jan 28Vogiatzoglou Systems' (ATH:VOSYS) Earnings Are Of Questionable Quality
Oct 08Here's Why We Think Vogiatzoglou Systems (ATH:VOSYS) Is Well Worth Watching
Aug 04These 4 Measures Indicate That Vogiatzoglou Systems (ATH:VOSYS) Is Using Debt Safely
Jun 08Vogiatzoglou Systems (ATH:VOSYS) Is Looking To Continue Growing Its Returns On Capital
Mar 08Returns Are Gaining Momentum At Vogiatzoglou Systems (ATH:VOSYS)
Aug 27Vogiatzoglou Systems (ATH:VOSYS) Is Doing The Right Things To Multiply Its Share Price
May 27Three Things You Should Check Before Buying Vogiatzoglou Systems S.A. (ATH:VOSYS) For Its Dividend
Mar 05What Do The Returns On Capital At Vogiatzoglou Systems (ATH:VOSYS) Tell Us?
Jan 11Is Vogiatzoglou Systems S.A.'s (ATH:VOSYS) 5.9% Dividend Worth Your Time?
Dec 01Financial Position Analysis
Short Term Liabilities: VOSYS's short term assets (€23.0M) exceed its short term liabilities (€11.0M).
Long Term Liabilities: VOSYS's short term assets (€23.0M) exceed its long term liabilities (€3.5M).
Debt to Equity History and Analysis
Debt Level: VOSYS's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: VOSYS's debt to equity ratio has increased from 18.8% to 20.6% over the past 5 years.
Debt Coverage: VOSYS's debt is well covered by operating cash flow (52.7%).
Interest Coverage: VOSYS's interest payments on its debt are well covered by EBIT (6.4x coverage).