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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AS Virsi-A is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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