Viking Supply Ships Balance Sheet Health
Financial Health criteria checks 4/6
Viking Supply Ships has a total shareholder equity of SEK1.9B and total debt of SEK100.4M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are SEK2.8B and SEK902.3M respectively.
Key information
5.3%
Debt to equity ratio
kr100.41m
Debt
| Interest coverage ratio | n/a |
| Cash | kr171.51m |
| Equity | kr1.89b |
| Total liabilities | kr902.31m |
| Total assets | kr2.79b |
Recent financial health updates
We're Hopeful That Viking Supply Ships (STO:VSSAB B) Will Use Its Cash Wisely
Sep 22
We Think Viking Supply Ships (STO:VSSAB B) Can Afford To Drive Business Growth
Jun 08Here's Why We're Not Too Worried About Viking Supply Ships' (STO:VSSAB B) Cash Burn Situation
Mar 05Is Viking Supply Ships (STO:VSSAB B) Using Debt Sensibly?
Jan 11We're Keeping An Eye On Viking Supply Ships' (STO:VSSAB B) Cash Burn Rate
Apr 13Recent updates
We're Hopeful That Viking Supply Ships (STO:VSSAB B) Will Use Its Cash Wisely
Sep 22We Think Viking Supply Ships (STO:VSSAB B) Can Afford To Drive Business Growth
Jun 08Here's Why We're Not Too Worried About Viking Supply Ships' (STO:VSSAB B) Cash Burn Situation
Mar 05Is Viking Supply Ships (STO:VSSAB B) Using Debt Sensibly?
Jan 11We're Keeping An Eye On Viking Supply Ships' (STO:VSSAB B) Cash Burn Rate
Apr 13Did You Participate In Any Of Viking Supply Ships' (STO:VSSAB B) Incredible 442% Return?
Feb 18Financial Position Analysis
Short Term Liabilities: VSSAB B's short term assets (SEK278.5M) exceed its short term liabilities (SEK186.9M).
Long Term Liabilities: VSSAB B's short term assets (SEK278.5M) do not cover its long term liabilities (SEK715.4M).
Debt to Equity History and Analysis
Debt Level: VSSAB B has more cash than its total debt.
Reducing Debt: VSSAB B's debt to equity ratio has reduced from 29.8% to 5.3% over the past 5 years.
Debt Coverage: VSSAB B's debt is well covered by operating cash flow (52.8%).
Interest Coverage: Insufficient data to determine if VSSAB B's interest payments on its debt are well covered by EBIT.