Viskase Companies Balance Sheet Health
Financial Health criteria checks 3/6
Viskase Companies has a total shareholder equity of $184.1M and total debt of $142.2M, which brings its debt-to-equity ratio to 77.2%. Its total assets and total liabilities are $443.1M and $259.0M respectively. Viskase Companies's EBIT is $24.5M making its interest coverage ratio 2.2. It has cash and short-term investments of $6.2M.
Key information
77.2%
Debt to equity ratio
US$142.17m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$6.25m |
| Equity | US$184.07m |
| Total liabilities | US$259.01m |
| Total assets | US$443.08m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: VKSC's short term assets ($246.5M) exceed its short term liabilities ($103.5M).
Long Term Liabilities: VKSC's short term assets ($246.5M) exceed its long term liabilities ($155.5M).
Debt to Equity History and Analysis
Debt Level: VKSC's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: VKSC's debt to equity ratio has reduced from 515.7% to 77.2% over the past 5 years.
Debt Coverage: VKSC's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: VKSC's interest payments on its debt are not well covered by EBIT (2.2x coverage).