Vantea SMART Balance Sheet Health
Financial Health criteria checks 4/6
Vantea SMART has a total shareholder equity of €13.7M and total debt of €13.4M, which brings its debt-to-equity ratio to 97.5%. Its total assets and total liabilities are €36.2M and €22.5M respectively. Vantea SMART's EBIT is €2.2M making its interest coverage ratio 5.7. It has cash and short-term investments of €7.8M.
Key information
97.5%
Debt to equity ratio
€13.36m
Debt
| Interest coverage ratio | 5.7x |
| Cash | €7.80m |
| Equity | €13.70m |
| Total liabilities | €22.49m |
| Total assets | €36.18m |
Recent financial health updates
No updates
Recent updates
Vantea SMART (BIT:VNT) Will Be Hoping To Turn Its Returns On Capital Around
Dec 28
Returns 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 (€25.6M) exceed its short term liabilities (€8.6M).
Long Term Liabilities: VNT's short term assets (€25.6M) exceed its long term liabilities (€13.9M).
Debt to Equity History and Analysis
Debt Level: VNT's net debt to equity ratio (40.6%) is considered high.
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 (24.2%).
Interest Coverage: VNT's interest payments on its debt are well covered by EBIT (5.7x coverage).