Vivic Balance Sheet Health
Financial Health criteria checks 5/6
Vivic has a total shareholder equity of $4.0M and total debt of $624.6K, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are $5.1M and $1.2M respectively. Vivic's EBIT is $594.5K making its interest coverage ratio 23.4. It has cash and short-term investments of $2.4M.
Key information
15.8%
Debt to equity ratio
US$624.63k
Debt
| Interest coverage ratio | 23.4x |
| Cash | US$2.39m |
| Equity | US$3.95m |
| Total liabilities | US$1.17m |
| Total assets | US$5.12m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIVC's short term assets ($5.1M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: VIVC's short term assets ($5.1M) exceed its long term liabilities ($87.5K).
Debt to Equity History and Analysis
Debt Level: VIVC has more cash than its total debt.
Reducing Debt: VIVC's debt to equity ratio has reduced from 464.2% to 15.8% over the past 5 years.
Debt Coverage: VIVC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VIVC's interest payments on its debt are well covered by EBIT (23.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 05:09 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vivic Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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