AS Virsi-A Balance Sheet Health
Financial Health criteria checks 2/6
AS Virsi-A has a total shareholder equity of €70.9M and total debt of €33.7M, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are €147.0M and €76.1M respectively. AS Virsi-A's EBIT is €7.3M making its interest coverage ratio 2.3. It has cash and short-term investments of €5.3M.
Key information
47.6%
Debt to equity ratio
€33.73m
Debt
| Interest coverage ratio | 2.3x |
| Cash | €5.34m |
| Equity | €70.90m |
| Total liabilities | €76.11m |
| Total assets | €147.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIRSI's short term assets (€46.7M) do not cover its short term liabilities (€47.5M).
Long Term Liabilities: VIRSI's short term assets (€46.7M) exceed its long term liabilities (€28.6M).
Debt to Equity History and Analysis
Debt Level: VIRSI's net debt to equity ratio (40%) is considered high.
Reducing Debt: VIRSI's debt to equity ratio has increased from 42.6% to 47.6% over the past 5 years.
Debt Coverage: VIRSI's debt is well covered by operating cash flow (33.1%).
Interest Coverage: VIRSI's interest payments on its debt are not well covered by EBIT (2.3x coverage).