Vital Balance Sheet Health

Financial Health criteria checks 1/6

Vital has a total shareholder equity of NZ$21.5M and total debt of NZ$13.3M, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are NZ$64.6M and NZ$43.0M respectively. Vital's EBIT is NZ$1.5M making its interest coverage ratio 0.5. It has cash and short-term investments of NZ$79.0K.

Key information

61.8%

Debt to equity ratio

NZ$13.30m

Debt

Interest coverage ratio0.5x
CashNZ$79.00k
EquityNZ$21.54m
Total liabilitiesNZ$43.04m
Total assetsNZ$64.58m

Recent financial health updates

Recent updates

Revenues Working Against Vital Limited's (NZSE:VTL) Share Price

Feb 08
Revenues Working Against Vital Limited's (NZSE:VTL) Share Price

These 4 Measures Indicate That Vital (NZSE:VTL) Is Using Debt Extensively

Oct 25
These 4 Measures Indicate That Vital (NZSE:VTL) Is Using Debt Extensively

Capital Allocation Trends At Vital (NZSE:VTL) Aren't Ideal

Sep 07
Capital Allocation Trends At Vital (NZSE:VTL) Aren't Ideal

Is Vital (NZSE:VTL) Weighed On By Its Debt Load?

Nov 07
Is Vital (NZSE:VTL) Weighed On By Its Debt Load?

Vital (NZSE:VTL) Will Pay A Smaller Dividend Than Last Year

Sep 15
Vital (NZSE:VTL) Will Pay A Smaller Dividend Than Last Year

Vital (NZSE:VTL) Will Pay A Smaller Dividend Than Last Year

Aug 31
Vital (NZSE:VTL) Will Pay A Smaller Dividend Than Last Year

These 4 Measures Indicate That Vital (NZSE:VTL) Is Using Debt In A Risky Way

May 11
These 4 Measures Indicate That Vital (NZSE:VTL) Is Using Debt In A Risky Way

Trade Alert: The Chief Executive Officer Of Vital Limited (NZSE:VTL), Andrew Miller, Has Just Spent NZ$639k Buying 480% More Shares

Mar 15
Trade Alert: The Chief Executive Officer Of Vital Limited (NZSE:VTL), Andrew Miller, Has Just Spent NZ$639k Buying 480% More Shares

Something To Consider Before Buying Vital Limited (NZSE:VTL) For The 3.4% Dividend

Mar 03
Something To Consider Before Buying Vital Limited (NZSE:VTL) For The 3.4% Dividend

Read This Before Buying Vital Limited (NZSE:VTL) For Its Dividend

Nov 18
Read This Before Buying Vital Limited (NZSE:VTL) For Its Dividend

Financial Position Analysis

Short Term Liabilities: VTL's short term assets (NZ$5.9M) do not cover its short term liabilities (NZ$11.9M).

Long Term Liabilities: VTL's short term assets (NZ$5.9M) do not cover its long term liabilities (NZ$31.2M).


Debt to Equity History and Analysis

Debt Level: VTL's net debt to equity ratio (61.4%) is considered high.

Reducing Debt: VTL's debt to equity ratio has increased from 33.8% to 61.8% over the past 5 years.

Debt Coverage: VTL's debt is well covered by operating cash flow (50.7%).

Interest Coverage: VTL's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


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