VBL Balance Sheet Health
Financial Health criteria checks 3/6
VBL has a total shareholder equity of €65.4M and total debt of €8.3M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are €79.5M and €14.1M respectively. VBL's EBIT is €2.2M making its interest coverage ratio 10.2. It has cash and short-term investments of €931.9K.
Key information
12.6%
Debt to equity ratio
€8.27m
Debt
Interest coverage ratio | 10.2x |
Cash | €931.87k |
Equity | €65.43m |
Total liabilities | €14.05m |
Total assets | €79.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VBL's short term assets (€1.3M) do not cover its short term liabilities (€1.5M).
Long Term Liabilities: VBL's short term assets (€1.3M) do not cover its long term liabilities (€12.6M).
Debt to Equity History and Analysis
Debt Level: VBL's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: VBL's debt to equity ratio has reduced from 15.1% to 12.6% over the past 5 years.
Debt Coverage: VBL's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: VBL's interest payments on its debt are well covered by EBIT (10.2x coverage).