VM Investments Balance Sheet Health
Financial Health criteria checks 0/6
VM Investments has a total shareholder equity of JMD4.4B and total debt of JMD22.1B, which brings its debt-to-equity ratio to 501.1%. Its total assets and total liabilities are JMD29.2B and JMD24.8B respectively.
Key information
501.1%
Debt to equity ratio
JA$22.15b
Debt
| Interest coverage ratio | n/a |
| Cash | JA$1.05b |
| Equity | JA$4.42b |
| Total liabilities | JA$24.82b |
| Total assets | JA$29.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VMIL's short term assets (JMD6.9B) do not cover its short term liabilities (JMD16.9B).
Long Term Liabilities: VMIL's short term assets (JMD6.9B) do not cover its long term liabilities (JMD7.9B).
Debt to Equity History and Analysis
Debt Level: VMIL's net debt to equity ratio (477.4%) is considered high.
Reducing Debt: VMIL's debt to equity ratio has increased from 430.9% to 501.1% over the past 5 years.
Debt Coverage: VMIL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VMIL's interest payments on its debt are well covered by EBIT.