Viscofan Balance Sheet Health
Financial Health criteria checks 5/6
Viscofan has a total shareholder equity of €956.2M and total debt of €265.6M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are €1.4B and €477.9M respectively. Viscofan's EBIT is €183.8M making its interest coverage ratio 29.5. It has cash and short-term investments of €58.3M.
Key information
27.8%
Debt to equity ratio
€265.57m
Debt
Interest coverage ratio | 29.5x |
Cash | €58.26m |
Equity | €956.17m |
Total liabilities | €477.88m |
Total assets | €1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VSCF.F's short term assets (€800.7M) exceed its short term liabilities (€359.0M).
Long Term Liabilities: VSCF.F's short term assets (€800.7M) exceed its long term liabilities (€118.9M).
Debt to Equity History and Analysis
Debt Level: VSCF.F's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: VSCF.F's debt to equity ratio has increased from 18.7% to 27.8% over the past 5 years.
Debt Coverage: VSCF.F's debt is well covered by operating cash flow (54.9%).
Interest Coverage: VSCF.F's interest payments on its debt are well covered by EBIT (29.5x coverage).