Viskase Companies Balance Sheet Health
Financial Health criteria checks 5/6
Viskase Companies has a total shareholder equity of $181.6M and total debt of $133.5M, which brings its debt-to-equity ratio to 73.5%. Its total assets and total liabilities are $460.8M and $279.2M respectively. Viskase Companies's EBIT is $38.5M making its interest coverage ratio 3.2. It has cash and short-term investments of $7.9M.
Key information
73.5%
Debt to equity ratio
US$133.49m
Debt
Interest coverage ratio | 3.2x |
Cash | US$7.86m |
Equity | US$181.64m |
Total liabilities | US$279.21m |
Total assets | US$460.84m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: VKSC's short term assets ($250.8M) exceed its short term liabilities ($110.5M).
Long Term Liabilities: VKSC's short term assets ($250.8M) exceed its long term liabilities ($168.8M).
Debt to Equity History and Analysis
Debt Level: VKSC's net debt to equity ratio (69.2%) is considered high.
Reducing Debt: VKSC's debt to equity ratio has reduced from 381.9% to 73.5% over the past 5 years.
Debt Coverage: VKSC's debt is well covered by operating cash flow (33.1%).
Interest Coverage: VKSC's interest payments on its debt are well covered by EBIT (3.2x coverage).