Vimian Group Balance Sheet Health
Financial Health criteria checks 3/6
Vimian Group has a total shareholder equity of €668.2M and total debt of €240.1M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are €1.1B and €389.8M respectively. Vimian Group's EBIT is €41.6M making its interest coverage ratio 2.2. It has cash and short-term investments of €39.2M.
Key information
35.9%
Debt to equity ratio
€240.13m
Debt
| Interest coverage ratio | 2.2x |
| Cash | €39.17m |
| Equity | €668.25m |
| Total liabilities | €389.79m |
| Total assets | €1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIMG.F's short term assets (€267.4M) exceed its short term liabilities (€93.6M).
Long Term Liabilities: VIMG.F's short term assets (€267.4M) do not cover its long term liabilities (€296.2M).
Debt to Equity History and Analysis
Debt Level: VIMG.F's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: VIMG.F's debt to equity ratio has increased from 25.1% to 35.9% over the past 5 years.
Debt Coverage: VIMG.F's debt is well covered by operating cash flow (21.2%).
Interest Coverage: VIMG.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).