Vantea SMART Balance Sheet Health
Financial Health criteria checks 4/6
Vantea SMART has a total shareholder equity of €10.7M and total debt of €6.7M, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are €25.4M and €14.7M respectively. Vantea SMART's EBIT is €240.3K making its interest coverage ratio 1.4. It has cash and short-term investments of €6.7M.
Key information
62.7%
Debt to equity ratio
€6.73m
Debt
| Interest coverage ratio | 1.4x |
| Cash | €6.70m |
| Equity | €10.74m |
| Total liabilities | €14.66m |
| Total assets | €25.41m |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In Vantea SMART S.p.A. (BIT:VNT) As Shares Slide 28%
Oct 18
Vantea SMART (BIT:VNT) Will Want To Turn Around Its Return Trends
Oct 05Vantea SMART (BIT:VNT) Will Be Hoping To Turn Its Returns On Capital Around
Dec 28Returns On Capital Signal Tricky Times Ahead For Vantea SMART (BIT:VNT)
Apr 20Capital Allocation Trends At Vantea SMART (BIT:VNT) Aren't Ideal
Jan 12Vantea SMART (BIT:VNT) Could Be Struggling To Allocate Capital
Feb 02Vantea SMART's (BIT:VNT) Problems Go Beyond Weak Profit
Oct 04Financial Position Analysis
Short Term Liabilities: VNT's short term assets (€14.9M) exceed its short term liabilities (€9.0M).
Long Term Liabilities: VNT's short term assets (€14.9M) exceed its long term liabilities (€5.6M).
Debt to Equity History and Analysis
Debt Level: VNT's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VNT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VNT's debt is well covered by operating cash flow (78.5%).
Interest Coverage: VNT's interest payments on its debt are not well covered by EBIT (1.4x coverage).