Vertiseit Balance Sheet Health
Financial Health criteria checks 5/6
Vertiseit has a total shareholder equity of SEK287.2M and total debt of SEK118.7M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are SEK563.1M and SEK275.9M respectively. Vertiseit's EBIT is SEK34.3M making its interest coverage ratio 3.3. It has cash and short-term investments of SEK24.6M.
Key information
41.3%
Debt to equity ratio
kr118.67m
Debt
Interest coverage ratio | 3.3x |
Cash | kr24.58m |
Equity | kr287.17m |
Total liabilities | kr275.91m |
Total assets | kr563.09m |
Recent financial health updates
These 4 Measures Indicate That Vertiseit (STO:VERT B) Is Using Debt Extensively
Sep 28Does Vertiseit (STO:VERT B) Have A Healthy Balance Sheet?
May 25Is Vertiseit (STO:VERT B) Using Too Much Debt?
Dec 15Vertiseit (STO:VERT B) Has A Somewhat Strained Balance Sheet
May 01Is Vertiseit (STO:VERT B) A Risky Investment?
Nov 30Recent updates
We Think Vertiseit AB (publ)'s (STO:VERT B) CEO Compensation Looks Fair
Apr 26Vertiseit AB (publ) (STO:VERT B) Looks Just Right With A 34% Price Jump
Apr 24Vertiseit's (STO:VERT B) Promising Earnings May Rest On Soft Foundations
Apr 15Vertiseit AB (publ) (STO:VERT B) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
Mar 09Is It Too Late To Consider Buying Vertiseit AB (publ) (STO:VERT B)?
Feb 16Subdued Growth No Barrier To Vertiseit AB (publ)'s (STO:VERT B) Price
Jan 23Is Now An Opportune Moment To Examine Vertiseit AB (publ) (STO:VERT B)?
Oct 27These 4 Measures Indicate That Vertiseit (STO:VERT B) Is Using Debt Extensively
Sep 28Does Vertiseit (STO:VERT B) Have A Healthy Balance Sheet?
May 25Is Vertiseit (STO:VERT B) Using Too Much Debt?
Dec 15Vertiseit (STO:VERT B) Has A Somewhat Strained Balance Sheet
May 01The Returns On Capital At Vertiseit (STO:VERT B) Don't Inspire Confidence
Jan 04Is Vertiseit (STO:VERT B) A Risky Investment?
Nov 30There Are Reasons To Feel Uneasy About Vertiseit's (STO:VERT B) Returns On Capital
Oct 05Read This Before Selling Vertiseit AB (publ) (STO:VERT B) Shares
Mar 16Could The Market Be Wrong About Vertiseit AB (publ) (STO:VERT B) Given Its Attractive Financial Prospects?
Feb 09A Look At The Intrinsic Value Of Vertiseit AB (publ) (STO:VERT B)
Jan 05Who Has Been Buying Vertiseit AB (publ) (STO:VERT B) Shares?
Dec 01Financial Position Analysis
Short Term Liabilities: VERT B's short term assets (SEK130.3M) do not cover its short term liabilities (SEK149.0M).
Long Term Liabilities: VERT B's short term assets (SEK130.3M) exceed its long term liabilities (SEK126.9M).
Debt to Equity History and Analysis
Debt Level: VERT B's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: VERT B's debt to equity ratio has reduced from 113.1% to 41.3% over the past 5 years.
Debt Coverage: VERT B's debt is well covered by operating cash flow (62.2%).
Interest Coverage: VERT B's interest payments on its debt are well covered by EBIT (3.3x coverage).