Vitesco Technologies Group Balance Sheet Health
Financial Health criteria checks 4/6
Vitesco Technologies Group has a total shareholder equity of €2.9B and total debt of €810.5M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are €7.7B and €4.8B respectively.
Key information
27.9%
Debt to equity ratio
€810.50m
Debt
Interest coverage ratio | n/a |
Cash | €1.04b |
Equity | €2.90b |
Total liabilities | €4.79b |
Total assets | €7.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTSC.Y's short term assets (€3.9B) exceed its short term liabilities (€3.2B).
Long Term Liabilities: VTSC.Y's short term assets (€3.9B) exceed its long term liabilities (€1.6B).
Debt to Equity History and Analysis
Debt Level: VTSC.Y has more cash than its total debt.
Reducing Debt: VTSC.Y's debt to equity ratio has increased from 18.4% to 27.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VTSC.Y has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VTSC.Y has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.