Vianet Group Balance Sheet Health
Financial Health criteria checks 6/6
Vianet Group has a total shareholder equity of £26.4M and total debt of £3.4M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are £33.7M and £7.3M respectively. Vianet Group's EBIT is £1.0M making its interest coverage ratio 4.6. It has cash and short-term investments of £1.3M.
Key information
12.9%
Debt to equity ratio
UK£3.42m
Debt
| Interest coverage ratio | 4.6x |
| Cash | UK£1.32m |
| Equity | UK£26.43m |
| Total liabilities | UK£7.31m |
| Total assets | UK£33.73m |
Recent financial health updates
We Think Vianet Group (LON:VNET) Can Stay On Top Of Its Debt
Sep 02
Is Vianet Group (LON:VNET) Using Too Much Debt?
Jul 01We Think Vianet Group (LON:VNET) Is Taking Some Risk With Its Debt
Dec 30
Recent updates
Vianet Group plc (LON:VNET) Shares Could Be 39% Below Their Intrinsic Value Estimate
Apr 27Revenues Tell The Story For Vianet Group plc (LON:VNET)
Feb 02Vianet Group's (LON:VNET) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Nov 07We Think Vianet Group (LON:VNET) Can Stay On Top Of Its Debt
Sep 02Some Investors May Be Worried About Vianet Group's (LON:VNET) Returns On Capital
Jun 09What Does Vianet Group plc's (LON:VNET) Share Price Indicate?
Dec 08Vianet Group (LON:VNET) Could Be At Risk Of Shrinking As A Company
Sep 02Is Vianet Group (LON:VNET) Using Too Much Debt?
Jul 01How Is Vianet Group's (LON:VNET) CEO Paid Relative To Peers?
Feb 24We Think Vianet Group (LON:VNET) Is Taking Some Risk With Its Debt
Dec 30Financial Position Analysis
Short Term Liabilities: VNET's short term assets (£7.0M) exceed its short term liabilities (£3.1M).
Long Term Liabilities: VNET's short term assets (£7.0M) exceed its long term liabilities (£4.2M).
Debt to Equity History and Analysis
Debt Level: VNET's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: VNET's debt to equity ratio has reduced from 14.8% to 12.9% over the past 5 years.
Debt Coverage: VNET's debt is well covered by operating cash flow (103.6%).
Interest Coverage: VNET's interest payments on its debt are well covered by EBIT (4.6x coverage).