VRG Balance Sheet Health
Financial Health criteria checks 6/6
VRG has a total shareholder equity of PLN997.6M and total debt of PLN36.3M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are PLN1.5B and PLN532.2M respectively. VRG's EBIT is PLN116.0M making its interest coverage ratio 13.6. It has cash and short-term investments of PLN78.1M.
Key information
3.6%
Debt to equity ratio
zł36.33m
Debt
| Interest coverage ratio | 13.6x |
| Cash | zł78.14m |
| Equity | zł997.60m |
| Total liabilities | zł532.19m |
| Total assets | zł1.53b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRG's short term assets (PLN658.4M) exceed its short term liabilities (PLN346.5M).
Long Term Liabilities: VRG's short term assets (PLN658.4M) exceed its long term liabilities (PLN185.7M).
Debt to Equity History and Analysis
Debt Level: VRG has more cash than its total debt.
Reducing Debt: VRG's debt to equity ratio has reduced from 14.7% to 3.6% over the past 5 years.
Debt Coverage: VRG's debt is well covered by operating cash flow (579.3%).
Interest Coverage: VRG's interest payments on its debt are well covered by EBIT (13.6x coverage).