Vitarich Balance Sheet Health
Financial Health criteria checks 6/6
Vitarich has a total shareholder equity of ₱2.2B and total debt of ₱852.7M, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are ₱5.6B and ₱3.5B respectively. Vitarich's EBIT is ₱280.2M making its interest coverage ratio 3.6. It has cash and short-term investments of ₱430.1M.
Key information
39.5%
Debt to equity ratio
₱852.74m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₱430.13m |
| Equity | ₱2.16b |
| Total liabilities | ₱3.47b |
| Total assets | ₱5.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VITA's short term assets (₱3.2B) exceed its short term liabilities (₱3.1B).
Long Term Liabilities: VITA's short term assets (₱3.2B) exceed its long term liabilities (₱352.1M).
Debt to Equity History and Analysis
Debt Level: VITA's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: VITA's debt to equity ratio has reduced from 42.7% to 39.5% over the past 5 years.
Debt Coverage: VITA's debt is well covered by operating cash flow (32.8%).
Interest Coverage: VITA's interest payments on its debt are well covered by EBIT (3.6x coverage).