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 61.9%. Its total assets and total liabilities are NZ$61.4M and NZ$39.8M respectively. Vital's EBIT is NZ$2.3M making its interest coverage ratio 0.8. It has cash and short-term investments of NZ$79.0K.
Key information
61.9%
Debt to equity ratio
NZ$13.32m
Debt
| Interest coverage ratio | 0.8x |
| Cash | NZ$79.00k |
| Equity | NZ$21.51m |
| Total liabilities | NZ$39.84m |
| Total assets | NZ$61.36m |
Recent financial health updates
Is Vital (NZSE:VTL) A Risky Investment?
Jun 04
These 4 Measures Indicate That Vital (NZSE:VTL) Is Using Debt Extensively
Oct 25Is Vital (NZSE:VTL) Weighed On By Its Debt Load?
Nov 07These 4 Measures Indicate That Vital (NZSE:VTL) Is Using Debt In A Risky Way
May 11Recent updates
Vital (NZSE:VTL) Will Be Looking To Turn Around Its Returns
Aug 16Is Vital (NZSE:VTL) A Risky Investment?
Jun 04Revenues Working Against Vital Limited's (NZSE:VTL) Share Price
Feb 08These 4 Measures Indicate That Vital (NZSE:VTL) Is Using Debt Extensively
Oct 25Capital Allocation Trends At Vital (NZSE:VTL) Aren't Ideal
Sep 07Is Vital (NZSE:VTL) Weighed On By Its Debt Load?
Nov 07Vital (NZSE:VTL) Will Pay A Smaller Dividend Than Last Year
Sep 15Vital (NZSE:VTL) Will Pay A Smaller Dividend Than Last Year
Aug 31These 4 Measures Indicate That Vital (NZSE:VTL) Is Using Debt In A Risky Way
May 11Trade Alert: The Chief Executive Officer Of Vital Limited (NZSE:VTL), Andrew Miller, Has Just Spent NZ$639k Buying 480% More Shares
Mar 15Something To Consider Before Buying Vital Limited (NZSE:VTL) For The 3.4% Dividend
Mar 03Read This Before Buying Vital Limited (NZSE:VTL) For Its Dividend
Nov 18Financial Position Analysis
Short Term Liabilities: VTL's short term assets (NZ$5.7M) do not cover its short term liabilities (NZ$9.5M).
Long Term Liabilities: VTL's short term assets (NZ$5.7M) do not cover its long term liabilities (NZ$30.4M).
Debt to Equity History and Analysis
Debt Level: VTL's net debt to equity ratio (61.5%) is considered high.
Reducing Debt: VTL's debt to equity ratio has increased from 30.3% to 61.9% over the past 5 years.
Debt Coverage: VTL's debt is well covered by operating cash flow (55.3%).
Interest Coverage: VTL's interest payments on its debt are not well covered by EBIT (0.8x coverage).