Value Exchange International Balance Sheet Health
Financial Health criteria checks 3/6
Value Exchange International has a total shareholder equity of $2.3M and total debt of $1.4M, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are $7.2M and $4.9M respectively.
Key information
61.8%
Debt to equity ratio
US$1.44m
Debt
Interest coverage ratio | n/a |
Cash | US$822.78k |
Equity | US$2.32m |
Total liabilities | US$4.91m |
Total assets | US$7.24m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VEII's short term assets ($5.6M) exceed its short term liabilities ($3.9M).
Long Term Liabilities: VEII's short term assets ($5.6M) exceed its long term liabilities ($996.4K).
Debt to Equity History and Analysis
Debt Level: VEII's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: VEII's debt to equity ratio has increased from 8.9% to 61.8% over the past 5 years.
Debt Coverage: VEII's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VEII's interest payments on its debt are well covered by EBIT.