Phoenix Vega Mezz Balance Sheet Health
Financial Health criteria checks 6/6
Phoenix Vega Mezz has a total shareholder equity of €100.1M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €100.4M and €326.4K respectively. Phoenix Vega Mezz's EBIT is €58.6M making its interest coverage ratio -128.3. It has cash and short-term investments of €21.1M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -128.3x |
| Cash | €21.15m |
| Equity | €100.09m |
| Total liabilities | €326.42k |
| Total assets | €100.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PVMEZZ's short term assets (€21.4M) exceed its short term liabilities (€326.4K).
Long Term Liabilities: PVMEZZ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PVMEZZ is debt free.
Reducing Debt: PVMEZZ has not had any debt for past 5 years.
Debt Coverage: PVMEZZ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PVMEZZ has no debt, therefore coverage of interest payments is not a concern.