Viva Wine Group Balance Sheet Health
Financial Health criteria checks 4/6
Viva Wine Group has a total shareholder equity of SEK1.7B and total debt of SEK538.0M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are SEK3.6B and SEK1.9B respectively. Viva Wine Group's EBIT is SEK156.0M making its interest coverage ratio 2.9. It has cash and short-term investments of SEK94.0M.
Key information
31.2%
Debt to equity ratio
kr538.00m
Debt
Interest coverage ratio | 2.9x |
Cash | kr94.00m |
Equity | kr1.72b |
Total liabilities | kr1.91b |
Total assets | kr3.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VIVA's short term assets (SEK1.4B) exceed its short term liabilities (SEK1.1B).
Long Term Liabilities: VIVA's short term assets (SEK1.4B) exceed its long term liabilities (SEK846.0M).
Debt to Equity History and Analysis
Debt Level: VIVA's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: VIVA's debt to equity ratio has increased from 30.8% to 31.2% over the past 5 years.
Debt Coverage: VIVA's debt is well covered by operating cash flow (39.4%).
Interest Coverage: VIVA's interest payments on its debt are not well covered by EBIT (2.9x coverage).