This company has been acquired
Vista Outdoor Balance Sheet Health
Financial Health criteria checks 5/6
Vista Outdoor has a total shareholder equity of $1.2B and total debt of $588.4M, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are $2.4B and $1.1B respectively. Vista Outdoor's EBIT is $262.3M making its interest coverage ratio 5.5. It has cash and short-term investments of $36.9M.
Key information
47.8%
Debt to equity ratio
US$588.43m
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$36.93m |
| Equity | US$1.23b |
| Total liabilities | US$1.12b |
| Total assets | US$2.35b |
Recent financial health updates
Here's Why Vista Outdoor (NYSE:VSTO) Has A Meaningful Debt Burden
Nov 01
Is Vista Outdoor (NYSE:VSTO) A Risky Investment?
Jul 13Recent updates
Vista Outdoors: The Battle Continues, Too Messy To Get Involved
Oct 02Vista Outdoor: Proposed $2.1 Billion CSG Transaction Likely Ends The Bidding
Jul 09Vista Outdoors: Bidding War Ensues
Jun 27Vista Outdoor: Segment M&A And Buyout Options Pose Upside (Rating Upgrade)
May 21Vista Outdoor: A Controversial And Intriguing Segment Sale
Feb 09Is Vista Outdoor Inc. (NYSE:VSTO) Trading At A 28% Discount?
Nov 22Here's Why Vista Outdoor (NYSE:VSTO) Has A Meaningful Debt Burden
Nov 01Vista Outdoor: A Big Deal To Sell Sporting Products Business Raises Questions
Oct 16Vista Outdoor: I'll Wait For The Spin-Off
Sep 29Vista Outdoor: Still Muddling Along
Jul 19Is Vista Outdoor (NYSE:VSTO) A Risky Investment?
Jul 13Financial Position Analysis
Short Term Liabilities: VSTO's short term assets ($1.1B) exceed its short term liabilities ($373.0M).
Long Term Liabilities: VSTO's short term assets ($1.1B) exceed its long term liabilities ($749.0M).
Debt to Equity History and Analysis
Debt Level: VSTO's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: VSTO's debt to equity ratio has reduced from 98.1% to 47.8% 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: Whilst unprofitable VSTO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VSTO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.9% per year.