Viro Tvornica Secera d.d Balance Sheet Health
Financial Health criteria checks 6/6
Viro Tvornica Secera d.d has a total shareholder equity of €13.0M and total debt of €205.9K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are €15.1M and €2.1M respectively. Viro Tvornica Secera d.d's EBIT is €2.9M making its interest coverage ratio -48.5. It has cash and short-term investments of €1.2M.
Key information
1.6%
Debt to equity ratio
€205.89k
Debt
| Interest coverage ratio | -48.5x |
| Cash | €1.18m |
| Equity | €12.96m |
| Total liabilities | €2.11m |
| Total assets | €15.06m |
Recent financial health updates
We Think Viro Tvornica Secera d.d (ZGSE:VIRO) Is Taking Some Risk With Its Debt
Jan 13
Is Viro Tvornica Secera d.d (ZGSE:VIRO) A Risky Investment?
Aug 31Is Viro Tvornica Secera d.d (ZGSE:VIRO) Using Too Much Debt?
May 03Recent updates
We Think Viro Tvornica Secera d.d (ZGSE:VIRO) Is Taking Some Risk With Its Debt
Jan 13Capital Allocation Trends At Viro Tvornica Secera d.d (ZGSE:VIRO) Aren't Ideal
Nov 03Is Viro Tvornica Secera d.d (ZGSE:VIRO) A Risky Investment?
Aug 31Is Viro Tvornica Secera d.d (ZGSE:VIRO) Using Too Much Debt?
May 03Returns Are Gaining Momentum At Viro Tvornica Secera d.d (ZGSE:VIRO)
Nov 19Investors Will Want Viro Tvornica Secera d.d's (ZGSE:VIRO) Growth In ROCE To Persist
Aug 05Viro Tvornica Secera d.d (ZGSE:VIRO) Is Experiencing Growth In Returns On Capital
Apr 19Financial Position Analysis
Short Term Liabilities: VIRO's short term assets (€2.6M) exceed its short term liabilities (€1.4M).
Long Term Liabilities: VIRO's short term assets (€2.6M) exceed its long term liabilities (€755.3K).
Debt to Equity History and Analysis
Debt Level: VIRO has more cash than its total debt.
Reducing Debt: VIRO's debt to equity ratio has reduced from 199.4% to 1.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VIRO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VIRO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.5% per year.