Viohalco Balance Sheet Health
Financial Health criteria checks 4/6
Viohalco has a total shareholder equity of €2.1B and total debt of €2.3B, which brings its debt-to-equity ratio to 112.8%. Its total assets and total liabilities are €6.3B and €4.2B respectively. Viohalco's EBIT is €321.9M making its interest coverage ratio 1.8. It has cash and short-term investments of €410.4M.
Key information
112.8%
Debt to equity ratio
€2.33b
Debt
| Interest coverage ratio | 1.8x |
| Cash | €410.42m |
| Equity | €2.07b |
| Total liabilities | €4.22b |
| Total assets | €6.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIO's short term assets (€3.2B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: VIO's short term assets (€3.2B) exceed its long term liabilities (€1.6B).
Debt to Equity History and Analysis
Debt Level: VIO's net debt to equity ratio (93%) is considered high.
Reducing Debt: VIO's debt to equity ratio has reduced from 132.9% to 112.8% over the past 5 years.
Debt Coverage: VIO's debt is well covered by operating cash flow (21.7%).
Interest Coverage: VIO's interest payments on its debt are not well covered by EBIT (1.8x coverage).