Valtecne Balance Sheet Health
Financial Health criteria checks 5/6
Valtecne has a total shareholder equity of €21.9M and total debt of €5.1M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are €38.0M and €16.1M respectively. Valtecne's EBIT is €4.0M making its interest coverage ratio 55.8. It has cash and short-term investments of €9.5M.
Key information
23.1%
Debt to equity ratio
€5.07m
Debt
| Interest coverage ratio | 55.8x |
| Cash | €9.45m |
| Equity | €21.90m |
| Total liabilities | €16.06m |
| Total assets | €37.96m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VLT's short term assets (€28.6M) exceed its short term liabilities (€9.7M).
Long Term Liabilities: VLT's short term assets (€28.6M) exceed its long term liabilities (€6.4M).
Debt to Equity History and Analysis
Debt Level: VLT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if VLT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VLT's debt is well covered by operating cash flow (137.8%).
Interest Coverage: VLT's interest payments on its debt are well covered by EBIT (55.8x coverage).