Viskase Companies Balance Sheet Health
Financial Health criteria checks 3/6
Viskase Companies has a total shareholder equity of $179.9M and total debt of $139.4M, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are $444.7M and $264.9M respectively. Viskase Companies's EBIT is $29.2M making its interest coverage ratio 2.6. It has cash and short-term investments of $5.2M.
Key information
77.5%
Debt to equity ratio
US$139.37m
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$5.16m |
| Equity | US$179.88m |
| Total liabilities | US$264.87m |
| Total assets | US$444.75m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: VKSC's short term assets ($247.6M) exceed its short term liabilities ($105.1M).
Long Term Liabilities: VKSC's short term assets ($247.6M) exceed its long term liabilities ($159.8M).
Debt to Equity History and Analysis
Debt Level: VKSC's net debt to equity ratio (74.6%) is considered high.
Reducing Debt: VKSC's debt to equity ratio has reduced from 403.6% to 77.5% over the past 5 years.
Debt Coverage: VKSC's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: VKSC's interest payments on its debt are not well covered by EBIT (2.6x coverage).