Virbac Balance Sheet Health
Financial Health criteria checks 6/6
Virbac has a total shareholder equity of €994.2M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €1.8B and €802.0M respectively. Virbac's EBIT is €226.8M making its interest coverage ratio 38.8. It has cash and short-term investments of €156.9M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 38.8x |
Cash | €156.86m |
Equity | €994.24m |
Total liabilities | €801.99m |
Total assets | €1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRBC.F's short term assets (€877.3M) exceed its short term liabilities (€530.6M).
Long Term Liabilities: VRBC.F's short term assets (€877.3M) exceed its long term liabilities (€271.4M).
Debt to Equity History and Analysis
Debt Level: VRBC.F is debt free.
Reducing Debt: VRBC.F has no debt compared to 5 years ago when its debt to equity ratio was 94.1%.
Debt Coverage: VRBC.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VRBC.F has no debt, therefore coverage of interest payments is not a concern.