Rapala VMC Balance Sheet Health
Financial Health criteria checks 4/6
Rapala VMC has a total shareholder equity of €156.6M and total debt of €87.8M, which brings its debt-to-equity ratio to 56.1%. Its total assets and total liabilities are €300.4M and €143.8M respectively. Rapala VMC's EBIT is €5.3M making its interest coverage ratio 0.6. It has cash and short-term investments of €20.0M.
Key information
56.1%
Debt to equity ratio
€87.80m
Debt
Interest coverage ratio | 0.6x |
Cash | €20.00m |
Equity | €156.60m |
Total liabilities | €143.80m |
Total assets | €300.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RPNM.F's short term assets (€145.6M) exceed its short term liabilities (€57.4M).
Long Term Liabilities: RPNM.F's short term assets (€145.6M) exceed its long term liabilities (€86.4M).
Debt to Equity History and Analysis
Debt Level: RPNM.F's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: RPNM.F's debt to equity ratio has reduced from 57.2% to 56.1% over the past 5 years.
Debt Coverage: RPNM.F's debt is well covered by operating cash flow (23.5%).
Interest Coverage: RPNM.F's interest payments on its debt are not well covered by EBIT (0.6x coverage).