Vimi Fasteners Balance Sheet Health
Financial Health criteria checks 4/6
Vimi Fasteners has a total shareholder equity of €31.8M and total debt of €19.6M, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are €79.0M and €47.2M respectively. Vimi Fasteners's EBIT is €3.1M making its interest coverage ratio 1.7. It has cash and short-term investments of €5.1M.
Key information
61.6%
Debt to equity ratio
€19.57m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €5.14m |
| Equity | €31.78m |
| Total liabilities | €47.21m |
| Total assets | €78.99m |
Recent financial health updates
Is Vimi Fasteners (BIT:VIM) A Risky Investment?
Nov 01
Health Check: How Prudently Does vimi fasteners (BIT:VIM) Use Debt?
Apr 05Recent updates
The Return Trends At Vimi Fasteners (BIT:VIM) Look Promising
Nov 09We Think You Can Look Beyond Vimi Fasteners' (BIT:VIM) Lackluster Earnings
Oct 01Vimi Fasteners (BIT:VIM) Has More To Do To Multiply In Value Going Forward
Feb 20Are Vimi Fasteners S.p.A. (BIT:VIM) Investors Paying Above The Intrinsic Value?
Jan 09Is Vimi Fasteners (BIT:VIM) A Risky Investment?
Nov 01Is There An Opportunity With Vimi Fasteners S.p.A.'s (BIT:VIM) 47% Undervaluation?
Mar 23Investors Could Be Concerned With Vimi Fasteners' (BIT:VIM) Returns On Capital
Feb 09Return Trends At vimi fasteners (BIT:VIM) Aren't Appealing
Sep 07Returns On Capital Signal Tricky Times Ahead For vimi fasteners (BIT:VIM)
Mar 03Health Check: How Prudently Does vimi fasteners (BIT:VIM) Use Debt?
Apr 05Should You Use vimi fasteners's (BIT:VIM) Statutory Earnings To Analyse It?
Dec 25
Financial Position Analysis
Short Term Liabilities: VIM's short term assets (€37.6M) exceed its short term liabilities (€32.6M).
Long Term Liabilities: VIM's short term assets (€37.6M) exceed its long term liabilities (€14.6M).
Debt to Equity History and Analysis
Debt Level: VIM's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: VIM's debt to equity ratio has reduced from 73.6% to 61.6% over the past 5 years.
Debt Coverage: VIM's debt is well covered by operating cash flow (37.6%).
Interest Coverage: VIM's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 03:26 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vimi Fasteners S.p.A. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mattia Petracca | Integrae SPA |
| Marco Greco | ValueTrack |