Value8 Balance Sheet Health
Financial Health criteria checks 5/6
Value8 has a total shareholder equity of €92.1M and total debt of €9.4M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are €106.4M and €14.3M respectively. Value8's EBIT is €1.5M making its interest coverage ratio 4.4. It has cash and short-term investments of €36.1M.
Key information
10.2%
Debt to equity ratio
€9.39m
Debt
Interest coverage ratio | 4.4x |
Cash | €36.06m |
Equity | €92.12m |
Total liabilities | €14.29m |
Total assets | €106.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PREVA's short term assets (€36.1M) exceed its short term liabilities (€13.1M).
Long Term Liabilities: PREVA's short term assets (€36.1M) exceed its long term liabilities (€1.2M).
Debt to Equity History and Analysis
Debt Level: PREVA has more cash than its total debt.
Reducing Debt: PREVA's debt to equity ratio has reduced from 12.9% to 10.2% over the past 5 years.
Debt Coverage: PREVA's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: PREVA's interest payments on its debt are well covered by EBIT (4.4x coverage).