Vitec Software Group Balance Sheet Health
Financial Health criteria checks 3/6
Vitec Software Group has a total shareholder equity of SEK4.8B and total debt of SEK2.4B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are SEK9.8B and SEK5.1B respectively. Vitec Software Group's EBIT is SEK676.3M making its interest coverage ratio 6.4. It has cash and short-term investments of SEK301.8M.
Key information
50.70%
Debt to equity ratio
SEK 2.41b
Debt
Interest coverage ratio | 6.4x |
Cash | SEK 301.76m |
Equity | SEK 4.75b |
Total liabilities | SEK 5.07b |
Total assets | SEK 9.83b |
Recent financial health updates
Is Vitec Software Group (STO:VIT B) A Risky Investment?
Apr 20Here's Why Vitec Software Group (STO:VIT B) Can Manage Its Debt Responsibly
Dec 29Recent updates
Vitec Software Group (STO:VIT B) Is Due To Pay A Dividend Of SEK0.90
Jul 12A Look At The Fair Value Of Vitec Software Group AB (publ) (STO:VIT B)
Jul 11Here's Why We Think Vitec Software Group (STO:VIT B) Might Deserve Your Attention Today
Jun 28Vitec Software Group AB (publ)'s (STO:VIT B) Price Is Out Of Tune With Earnings
May 27We think Vitec Software Group AB (publ)'s (STO:VIT B) CEO May Struggle To See Much Of A Pay Rise This Year
Apr 23Is Vitec Software Group (STO:VIT B) A Risky Investment?
Apr 20A Look At The Intrinsic Value Of Vitec Software Group AB (publ) (STO:VIT B)
Apr 08Decentralized Approach And Niche Focus Will Enhance Market Position
Focus on niche market leadership and strategic acquisitions drives strong recurring revenue and margin improvements.We Like Vitec Software Group's (STO:VIT B) Earnings For More Than Just Statutory Profit
Feb 13Vitec Software Group's (STO:VIT B) Returns Have Hit A Wall
Jan 20Risks To Shareholder Returns Are Elevated At These Prices For Vitec Software Group AB (publ) (STO:VIT B)
Jan 09Here's Why Vitec Software Group (STO:VIT B) Can Manage Its Debt Responsibly
Dec 29Financial Position Analysis
Short Term Liabilities: VIT B's short term assets (SEK835.0M) do not cover its short term liabilities (SEK1.5B).
Long Term Liabilities: VIT B's short term assets (SEK835.0M) do not cover its long term liabilities (SEK3.6B).
Debt to Equity History and Analysis
Debt Level: VIT B's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: VIT B's debt to equity ratio has reduced from 73.6% to 50.7% over the past 5 years.
Debt Coverage: VIT B's debt is well covered by operating cash flow (41.9%).
Interest Coverage: VIT B's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2025/07/28 13:44 |
End of Day Share Price | 2025/07/28 00:00 |
Earnings | 2025/06/30 |
Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Vitec Software Group AB (publ) is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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null null | ABG Sundal Collier |
Daniel Thorsson | ABG Sundal Collier Sponsored |
null null | Danske Bank |