VIGO Photonics Balance Sheet Health
Financial Health criteria checks 3/6
VIGO Photonics has a total shareholder equity of PLN145.8M and total debt of PLN47.4M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are PLN267.3M and PLN121.5M respectively. VIGO Photonics's EBIT is PLN12.9M making its interest coverage ratio 6.1. It has cash and short-term investments of PLN4.4M.
Key information
32.5%
Debt to equity ratio
zł47.40m
Debt
| Interest coverage ratio | 6.1x |
| Cash | zł4.43m |
| Equity | zł145.78m |
| Total liabilities | zł121.47m |
| Total assets | zł267.26m |
Recent financial health updates
Recent updates
An Intrinsic Calculation For VIGO Photonics S.A. (WSE:VGO) Suggests It's 44% Undervalued
Jun 21
Be Wary Of VIGO Photonics (WSE:VGO) And Its Returns On Capital
Apr 15Here's Why VIGO Photonics (WSE:VGO) Has A Meaningful Debt Burden
Nov 03There Are Reasons To Feel Uneasy About VIGO System's (WSE:VGO) Returns On Capital
Jun 24VIGO System (WSE:VGO) Might Be Having Difficulty Using Its Capital Effectively
Mar 02Should You Be Impressed By VIGO System's (WSE:VGO) Returns on Capital?
Mar 04Is VIGO System's (WSE:VGO) Share Price Gain Of 201% Well Earned?
Jan 29
What Type Of Shareholders Own The Most Number of VIGO System S.A. (WSE:VGO) Shares?
Dec 31With EPS Growth And More, VIGO System (WSE:VGO) Is Interesting
Dec 03Financial Position Analysis
Short Term Liabilities: VGO's short term assets (PLN36.2M) do not cover its short term liabilities (PLN37.9M).
Long Term Liabilities: VGO's short term assets (PLN36.2M) do not cover its long term liabilities (PLN83.6M).
Debt to Equity History and Analysis
Debt Level: VGO's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: VGO's debt to equity ratio has increased from 0% to 32.5% over the past 5 years.
Debt Coverage: VGO's debt is well covered by operating cash flow (26.5%).
Interest Coverage: VGO's interest payments on its debt are well covered by EBIT (6.1x coverage).