AS Virsi-A Balance Sheet Health
Financial Health criteria checks 5/6
AS Virsi-A has a total shareholder equity of €69.6M and total debt of €27.2M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are €135.8M and €66.2M respectively. AS Virsi-A's EBIT is €9.2M making its interest coverage ratio 3.1. It has cash and short-term investments of €4.7M.
Key information
39.1%
Debt to equity ratio
€27.21m
Debt
Interest coverage ratio | 3.1x |
Cash | €4.72m |
Equity | €69.58m |
Total liabilities | €66.18m |
Total assets | €135.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIRSI's short term assets (€39.7M) exceed its short term liabilities (€38.4M).
Long Term Liabilities: VIRSI's short term assets (€39.7M) exceed its long term liabilities (€27.7M).
Debt to Equity History and Analysis
Debt Level: VIRSI's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: VIRSI's debt to equity ratio has increased from 24.4% to 39.1% over the past 5 years.
Debt Coverage: VIRSI's debt is well covered by operating cash flow (44.5%).
Interest Coverage: VIRSI's interest payments on its debt are well covered by EBIT (3.1x coverage).