Vitarich Balance Sheet Health
Financial Health criteria checks 5/6
Vitarich has a total shareholder equity of ₱1.9B and total debt of ₱794.9M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are ₱5.1B and ₱3.2B respectively.
Key information
41.8%
Debt to equity ratio
₱794.92m
Debt
Interest coverage ratio | n/a |
Cash | ₱358.56m |
Equity | ₱1.90b |
Total liabilities | ₱3.24b |
Total assets | ₱5.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VITA's short term assets (₱2.7B) do not cover its short term liabilities (₱2.9B).
Long Term Liabilities: VITA's short term assets (₱2.7B) exceed its long term liabilities (₱307.3M).
Debt to Equity History and Analysis
Debt Level: VITA's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: VITA's debt to equity ratio has reduced from 64.6% to 41.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VITA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VITA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.2% per year.