Vee Balance Sheet Health
Financial Health criteria checks 3/6
Vee has a total shareholder equity of PLN22.2M and total debt of PLN357.2K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are PLN36.6M and PLN14.4M respectively.
Key information
1.6%
Debt to equity ratio
zł357.16k
Debt
| Interest coverage ratio | n/a |
| Cash | zł416.59k |
| Equity | zł22.16m |
| Total liabilities | zł14.42m |
| Total assets | zł36.59m |
Financial Position Analysis
Short Term Liabilities: VEE's short term assets (PLN2.0M) do not cover its short term liabilities (PLN2.0M).
Long Term Liabilities: VEE's short term assets (PLN2.0M) do not cover its long term liabilities (PLN12.4M).
Debt to Equity History and Analysis
Debt Level: VEE has more cash than its total debt.
Reducing Debt: VEE's debt to equity ratio has reduced from 25.9% to 1.6% over the past 5 years.
Debt Coverage: VEE's debt is well covered by operating cash flow (158.2%).
Interest Coverage: Insufficient data to determine if VEE's interest payments on its debt are well covered by EBIT.