Virco Mfg Balance Sheet Health
Financial Health criteria checks 6/6
Virco Mfg has a total shareholder equity of $91.2M and total debt of $4.4M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are $146.4M and $55.3M respectively. Virco Mfg's EBIT is $30.9M making its interest coverage ratio 11.5. It has cash and short-term investments of $5.3M.
Key information
4.8%
Debt to equity ratio
US$4.38m
Debt
| Interest coverage ratio | 11.5x |
| Cash | US$5.29m |
| Equity | US$91.18m |
| Total liabilities | US$55.27m |
| Total assets | US$146.45m |
Recent financial health updates
Here's Why Virco Mfg (NASDAQ:VIRC) Can Manage Its Debt Responsibly
Oct 01
Is Virco Mfg (NASDAQ:VIRC) A Risky Investment?
Apr 28Does Virco Mfg (NASDAQ:VIRC) Have A Healthy Balance Sheet?
Sep 14Does Virco Mfg (NASDAQ:VIRC) Have A Healthy Balance Sheet?
May 05Recent updates
We Ran A Stock Scan For Earnings Growth And Virco Mfg (NASDAQ:VIRC) Passed With Ease
Apr 16Why The 26% Return On Capital At Virco Mfg (NASDAQ:VIRC) Should Have Your Attention
Feb 29Virco Mfg. Corporation's (NASDAQ:VIRC) Shares Climb 90% But Its Business Is Yet to Catch Up
Dec 28Shareholders Would Enjoy A Repeat Of Virco Mfg's (NASDAQ:VIRC) Recent Growth In Returns
Oct 23Here's Why Virco Mfg (NASDAQ:VIRC) Can Manage Its Debt Responsibly
Oct 01Is Virco Mfg (NASDAQ:VIRC) A Risky Investment?
Apr 28Virco Mfg (NASDAQ:VIRC) Is Looking To Continue Growing Its Returns On Capital
Mar 11Does Virco Mfg (NASDAQ:VIRC) Have A Healthy Balance Sheet?
Sep 14Virco Manufacturing GAAP EPS of $0.60, revenue of $82.8M
Sep 13Does Virco Mfg (NASDAQ:VIRC) Have A Healthy Balance Sheet?
May 05Virco Mfg's (NASDAQ:VIRC) Returns On Capital Not Reflecting Well On The Business
Sep 01We Think The Compensation For Virco Mfg. Corporation's (NASDAQ:VIRC) CEO Looks About Right
Jun 16Virco Manufacturing EPS beats by $0.07, beats on revenue
Jun 11Estimating The Intrinsic Value Of Virco Mfg. Corporation (NASDAQ:VIRC)
Jun 07At US$3.25, Is It Time To Put Virco Mfg. Corporation (NASDAQ:VIRC) On Your Watch List?
May 10Virco Manufacturing EPS misses by $0.11, misses on revenue
Apr 28Virco Mfg (NASDAQ:VIRC) Share Prices Have Dropped 25% In The Last Three Years
Feb 25Who Has Been Selling Virco Mfg. Corporation (NASDAQ:VIRC) Shares?
Jan 21
How Much Is Virco Mfg. Corporation (NASDAQ:VIRC) Paying Its CEO?
Dec 17Virco Manufacturing EPS in-line, misses on revenue
Dec 14Financial Position Analysis
Short Term Liabilities: VIRC's short term assets ($89.0M) exceed its short term liabilities ($38.5M).
Long Term Liabilities: VIRC's short term assets ($89.0M) exceed its long term liabilities ($16.7M).
Debt to Equity History and Analysis
Debt Level: VIRC has more cash than its total debt.
Reducing Debt: VIRC's debt to equity ratio has reduced from 37.6% to 4.8% over the past 5 years.
Debt Coverage: VIRC's debt is well covered by operating cash flow (615%).
Interest Coverage: VIRC's interest payments on its debt are well covered by EBIT (11.5x coverage).