Votum Balance Sheet Health
Financial Health criteria checks 6/6
Votum has a total shareholder equity of PLN272.8M and total debt of PLN16.2M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are PLN502.8M and PLN230.0M respectively. Votum's EBIT is PLN130.2M making its interest coverage ratio 164.6. It has cash and short-term investments of PLN7.9M.
Key information
5.9%
Debt to equity ratio
zł16.16m
Debt
| Interest coverage ratio | 164.6x |
| Cash | zł7.93m |
| Equity | zł272.82m |
| Total liabilities | zł229.97m |
| Total assets | zł502.79m |
Recent financial health updates
No updates
Recent updates
Votum's (WSE:VOT) Dividend Will Be Reduced To PLN2.42
Sep 02
Votum (WSE:VOT) Is Reducing Its Dividend To PLN2.42
Aug 19Votum's (WSE:VOT) Dividend Is Being Reduced To PLN2.42
Jul 23Votum (WSE:VOT) Has Announced That Its Dividend Will Be Reduced To PLN2.42
Jun 28Not Many Are Piling Into Votum S.A. (WSE:VOT) Stock Yet As It Plummets 25%
Jun 27Votum (WSE:VOT) Will Pay A Smaller Dividend Than Last Year
May 29Is Votum S.A. (WSE:VOT) A Smart Pick For Income Investors?
Jan 29Should Weakness in Votum S.A.'s (WSE:VOT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Dec 15
Financial Position Analysis
Short Term Liabilities: VOT's short term assets (PLN271.9M) exceed its short term liabilities (PLN121.5M).
Long Term Liabilities: VOT's short term assets (PLN271.9M) exceed its long term liabilities (PLN108.4M).
Debt to Equity History and Analysis
Debt Level: VOT's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: VOT's debt to equity ratio has reduced from 43.8% to 5.9% over the past 5 years.
Debt Coverage: VOT's debt is well covered by operating cash flow (195.4%).
Interest Coverage: VOT's interest payments on its debt are well covered by EBIT (164.6x coverage).