Value8 Balance Sheet Health
Financial Health criteria checks 5/6
Value8 has a total shareholder equity of €106.0M and total debt of €6.8M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are €114.5M and €8.5M respectively. Value8's EBIT is €13.3M making its interest coverage ratio 21.5. It has cash and short-term investments of €32.7M.
Key information
6.4%
Debt to equity ratio
€6.78m
Debt
| Interest coverage ratio | 21.5x |
| Cash | €32.65m |
| Equity | €106.01m |
| Total liabilities | €8.54m |
| Total assets | €114.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VALUE's short term assets (€32.7M) exceed its short term liabilities (€8.5M).
Long Term Liabilities: VALUE's short term assets (€32.7M) exceed its long term liabilities (€85.0K).
Debt to Equity History and Analysis
Debt Level: VALUE has more cash than its total debt.
Reducing Debt: VALUE's debt to equity ratio has increased from 5% to 6.4% over the past 5 years.
Debt Coverage: VALUE's debt is well covered by operating cash flow (28%).
Interest Coverage: VALUE's interest payments on its debt are well covered by EBIT (21.5x coverage).