Vista Outdoor Balance Sheet Health
Financial Health criteria checks 5/6
Vista Outdoor has a total shareholder equity of $1.1B and total debt of $829.8M, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are $2.5B and $1.4B respectively. Vista Outdoor's EBIT is $290.3M making its interest coverage ratio 4.3. It has cash and short-term investments of $57.0M.
Key information
76.6%
Debt to equity ratio
US$829.84m
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$57.03m |
| Equity | US$1.08b |
| Total liabilities | US$1.37b |
| Total assets | US$2.45b |
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 13These 4 Measures Indicate That Vista Outdoor (NYSE:VSTO) Is Using Debt Reasonably Well
Feb 17Vista Outdoor (NYSE:VSTO) Seems To Use Debt Quite Sensibly
Oct 26We Think Vista Outdoor (NYSE:VSTO) Can Stay On Top Of Its Debt
Jul 15Recent updates
Vista 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 13Should You Think About Buying Vista Outdoor Inc. (NYSE:VSTO) Now?
Mar 31These 4 Measures Indicate That Vista Outdoor (NYSE:VSTO) Is Using Debt Reasonably Well
Feb 17Vista Outdoor: Future Spin-Off And Profitability
Feb 13Vista Outdoor Non-GAAP EPS of $1.30 beats by $0.18, revenue of $755M beats by $1.28M
Feb 02Is Now An Opportune Moment To Examine Vista Outdoor Inc. (NYSE:VSTO)?
Dec 14Here's Why We Think Vista Outdoor (NYSE:VSTO) Might Deserve Your Attention Today
Nov 17Vista Outdoor (NYSE:VSTO) Seems To Use Debt Quite Sensibly
Oct 26Vista Outdoor releases preliminary Q2 results as CFO departs
Oct 24Vista Outdoor: Why This Bargain Stock Is Worth A Shot
Oct 14Vista Outdoor awarded $114M contract from U.S. army
Aug 18Vista Outdoor: Fishing For Deals
Aug 04If EPS Growth Is Important To You, Vista Outdoor (NYSE:VSTO) Presents An Opportunity
Aug 04Vista Outdoor FQ1 2023 Earnings Preview
Jul 27We Think Vista Outdoor (NYSE:VSTO) Can Stay On Top Of Its Debt
Jul 15Financial Position Analysis
Short Term Liabilities: VSTO's short term assets ($1.1B) exceed its short term liabilities ($440.0M).
Long Term Liabilities: VSTO's short term assets ($1.1B) exceed its long term liabilities ($930.7M).
Debt to Equity History and Analysis
Debt Level: VSTO's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: VSTO's debt to equity ratio has reduced from 106.9% to 76.6% 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 24.3% per year.