Vitec Software Group AB (publ)

OM:VIT B Stock Report

Market Cap: SEK 18.4b

Vitec Software Group Balance Sheet Health

Financial Health criteria checks 4/6

Vitec Software Group has a total shareholder equity of SEK4.8B and total debt of SEK2.0B, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are SEK9.1B and SEK4.3B respectively. Vitec Software Group's EBIT is SEK654.2M making its interest coverage ratio 5.4. It has cash and short-term investments of SEK903.2M.

Key information

41.3%

Debt to equity ratio

SEK 1.96b

Debt

Interest coverage ratio5.4x
CashSEK 903.23m
EquitySEK 4.75b
Total liabilitiesSEK 4.34b
Total assetsSEK 9.09b

Recent financial health updates

Recent updates

At kr405, Is It Time To Put Vitec Software Group AB (publ) (STO:VIT B) On Your Watch List?

Dec 02
At kr405, Is It Time To Put Vitec Software Group AB (publ) (STO:VIT B) On Your Watch List?

With EPS Growth And More, Vitec Software Group (STO:VIT B) Makes An Interesting Case

Sep 28
With EPS Growth And More, Vitec Software Group (STO:VIT B) Makes An Interesting Case

Vitec Software Group (STO:VIT B) Is Reinvesting At Lower Rates Of Return

Aug 17
Vitec Software Group (STO:VIT B) Is Reinvesting At Lower Rates Of Return

Does Vitec Software Group (STO:VIT B) Have A Healthy Balance Sheet?

Aug 01
Does Vitec Software Group (STO:VIT B) Have A Healthy Balance Sheet?

There Are Reasons To Feel Uneasy About Vitec Software Group's (STO:VIT B) Returns On Capital

May 08
There Are Reasons To Feel Uneasy About Vitec Software Group's (STO:VIT B) Returns On Capital

Financial Position Analysis

Short Term Liabilities: VIT B's short term assets (SEK1.3B) do not cover its short term liabilities (SEK1.5B).

Long Term Liabilities: VIT B's short term assets (SEK1.3B) do not cover its long term liabilities (SEK2.8B).


Debt to Equity History and Analysis

Debt Level: VIT B's net debt to equity ratio (22.3%) is considered satisfactory.

Reducing Debt: VIT B's debt to equity ratio has reduced from 66.4% to 41.3% over the past 5 years.

Debt Coverage: VIT B's debt is well covered by operating cash flow (47.4%).

Interest Coverage: VIT B's interest payments on its debt are well covered by EBIT (5.4x coverage).


Balance Sheet


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