Vitarich Balance Sheet Health
Financial Health criteria checks 4/6
Vitarich has a total shareholder equity of ₱1.9B and total debt of ₱898.1M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are ₱5.2B and ₱3.3B respectively. Vitarich's EBIT is ₱22.2M making its interest coverage ratio 0.3. It has cash and short-term investments of ₱398.3M.
Key information
47.2%
Debt to equity ratio
₱898.12m
Debt
Interest coverage ratio | 0.3x |
Cash | ₱398.27m |
Equity | ₱1.90b |
Total liabilities | ₱3.32b |
Total assets | ₱5.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VITA's short term assets (₱2.8B) do not cover its short term liabilities (₱3.0B).
Long Term Liabilities: VITA's short term assets (₱2.8B) exceed its long term liabilities (₱298.1M).
Debt to Equity History and Analysis
Debt Level: VITA's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: VITA's debt to equity ratio has reduced from 54.3% to 47.2% over the past 5 years.
Debt Coverage: VITA's debt is well covered by operating cash flow (41.4%).
Interest Coverage: VITA's interest payments on its debt are not well covered by EBIT (0.3x coverage).