Viking Line Abp Balance Sheet Health
Financial Health criteria checks 3/6
Viking Line Abp has a total shareholder equity of €292.9M and total debt of €169.8M, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are €625.8M and €332.9M respectively. Viking Line Abp's EBIT is €33.4M making its interest coverage ratio 2.9. It has cash and short-term investments of €58.0M.
Key information
58.0%
Debt to equity ratio
€169.80m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €58.00m |
| Equity | €292.90m |
| Total liabilities | €332.90m |
| Total assets | €625.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VKGL.F's short term assets (€128.7M) do not cover its short term liabilities (€149.8M).
Long Term Liabilities: VKGL.F's short term assets (€128.7M) do not cover its long term liabilities (€183.1M).
Debt to Equity History and Analysis
Debt Level: VKGL.F's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: VKGL.F's debt to equity ratio has reduced from 61.7% to 58% over the past 5 years.
Debt Coverage: VKGL.F's debt is well covered by operating cash flow (35.2%).
Interest Coverage: VKGL.F's interest payments on its debt are not well covered by EBIT (2.9x coverage).