Velcan Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Velcan Holdings has a total shareholder equity of €128.1M and total debt of €75.0K, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are €131.7M and €3.6M respectively. Velcan Holdings's EBIT is €1.3M making its interest coverage ratio -19.5. It has cash and short-term investments of €55.5M.

Key information

0.06%

Debt to equity ratio

€75.00k

Debt

Interest coverage ratio-19.5x
Cash€55.50m
Equity€128.11m
Total liabilities€3.61m
Total assets€131.72m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: VLCN's short term assets (€125.3M) exceed its short term liabilities (€2.0M).

Long Term Liabilities: VLCN's short term assets (€125.3M) exceed its long term liabilities (€1.6M).


Debt to Equity History and Analysis

Debt Level: VLCN has more cash than its total debt.

Reducing Debt: VLCN's debt to equity ratio has increased from 0% to 0.06% over the past 5 years.

Debt Coverage: Insufficient data to determine if VLCN's debt is well covered by operating cash flow.

Interest Coverage: VLCN earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies