Prodvinalco Balance Sheet Health
Financial Health criteria checks 6/6
Prodvinalco has a total shareholder equity of RON77.3M and total debt of RON14.0M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are RON107.3M and RON30.0M respectively. Prodvinalco's EBIT is RON23.7M making its interest coverage ratio -205.4. It has cash and short-term investments of RON8.9M.
Key information
18.1%
Debt to equity ratio
RON 14.02m
Debt
| Interest coverage ratio | -205.4x |
| Cash | RON 8.85m |
| Equity | RON 77.33m |
| Total liabilities | RON 29.96m |
| Total assets | RON 107.29m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VAC's short term assets (RON76.9M) exceed its short term liabilities (RON27.5M).
Long Term Liabilities: VAC's short term assets (RON76.9M) exceed its long term liabilities (RON2.5M).
Debt to Equity History and Analysis
Debt Level: VAC's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: VAC's debt to equity ratio has reduced from 28.6% to 18.1% over the past 5 years.
Debt Coverage: VAC's debt is well covered by operating cash flow (106.9%).
Interest Coverage: VAC earns more interest than it pays, so coverage of interest payments is not a concern.