VPR Brands Balance Sheet Health
Financial Health criteria checks 6/6
VPR Brands has a total shareholder equity of $614.3K and total debt of $1.3M, which brings its debt-to-equity ratio to 203.9%. Its total assets and total liabilities are $3.2M and $2.6M respectively. VPR Brands's EBIT is $2.7M making its interest coverage ratio 7.9. It has cash and short-term investments of $1.8M.
Key information
203.9%
Debt to equity ratio
US$1.25m
Debt
Interest coverage ratio | 7.9x |
Cash | US$1.78m |
Equity | US$614.31k |
Total liabilities | US$2.58m |
Total assets | US$3.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VPRB's short term assets ($3.0M) exceed its short term liabilities ($2.1M).
Long Term Liabilities: VPRB's short term assets ($3.0M) exceed its long term liabilities ($493.3K).
Debt to Equity History and Analysis
Debt Level: VPRB has more cash than its total debt.
Reducing Debt: VPRB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VPRB's debt is well covered by operating cash flow (277.9%).
Interest Coverage: VPRB's interest payments on its debt are well covered by EBIT (7.9x coverage).