Viscofan Balance Sheet Health
Financial Health criteria checks 5/6
Viscofan has a total shareholder equity of €916.8M and total debt of €267.4M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are €1.4B and €509.7M respectively. Viscofan's EBIT is €185.9M making its interest coverage ratio 27. It has cash and short-term investments of €52.2M.
Key information
29.2%
Debt to equity ratio
€267.38m
Debt
| Interest coverage ratio | 27x |
| Cash | €52.18m |
| Equity | €916.78m |
| Total liabilities | €509.65m |
| Total assets | €1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VSCF.F's short term assets (€800.3M) exceed its short term liabilities (€372.0M).
Long Term Liabilities: VSCF.F's short term assets (€800.3M) exceed its long term liabilities (€137.7M).
Debt to Equity History and Analysis
Debt Level: VSCF.F's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: VSCF.F's debt to equity ratio has increased from 19.6% to 29.2% over the past 5 years.
Debt Coverage: VSCF.F's debt is well covered by operating cash flow (79.6%).
Interest Coverage: VSCF.F's interest payments on its debt are well covered by EBIT (27x coverage).