Voestalpine Balance Sheet Health
Financial Health criteria checks 6/6
Voestalpine has a total shareholder equity of €7.4B and total debt of €3.3B, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are €15.3B and €7.9B respectively. Voestalpine's EBIT is €664.2M making its interest coverage ratio 3.9. It has cash and short-term investments of €444.3M.
Key information
44.3%
Debt to equity ratio
€3.29b
Debt
| Interest coverage ratio | 3.9x |
| Cash | €444.30m |
| Equity | €7.43b |
| Total liabilities | €7.90b |
| Total assets | €15.33b |
Recent financial health updates
Does Voestalpine (VIE:VOE) Have A Healthy Balance Sheet?
Sep 18
Does Voestalpine (VIE:VOE) Have A Healthy Balance Sheet?
Apr 17Voestalpine (VIE:VOE) Takes On Some Risk With Its Use Of Debt
Jan 11Voestalpine (VIE:VOE) Has A Somewhat Strained Balance Sheet
Sep 24We Think Voestalpine (VIE:VOE) Is Taking Some Risk With Its Debt
May 17Is Voestalpine (VIE:VOE) Using Too Much Debt?
Jan 24Recent updates
Lacklustre Performance Is Driving Voestalpine AG's (VIE:VOE) Low P/S
Nov 02Does Voestalpine (VIE:VOE) Have A Healthy Balance Sheet?
Sep 18A Look At The Fair Value Of Voestalpine AG (VIE:VOE)
Jul 29Voestalpine's (VIE:VOE) Dividend Is Being Reduced To €0.70
Jul 11Voestalpine's (VIE:VOE) Dividend Will Be Reduced To €0.70
Jun 14There May Be Some Bright Spots In Voestalpine's (VIE:VOE) Earnings
Jun 12Voestalpine (VIE:VOE) Might Have The Makings Of A Multi-Bagger
May 23Voestalpine AG's (VIE:VOE) Price Is Right But Growth Is Lacking
May 05Does Voestalpine (VIE:VOE) Have A Healthy Balance Sheet?
Apr 17An Intrinsic Calculation For Voestalpine AG (VIE:VOE) Suggests It's 39% Undervalued
Mar 09Investors Will Want Voestalpine's (VIE:VOE) Growth In ROCE To Persist
Feb 20Earnings Not Telling The Story For Voestalpine AG (VIE:VOE)
Feb 01Voestalpine (VIE:VOE) Takes On Some Risk With Its Use Of Debt
Jan 11Is There An Opportunity With Voestalpine AG's (VIE:VOE) 34% Undervaluation?
Dec 06Voestalpine (VIE:VOE) Has Some Way To Go To Become A Multi-Bagger
Nov 01Voestalpine (VIE:VOE) Has A Somewhat Strained Balance Sheet
Sep 24Estimating The Fair Value Of Voestalpine AG (VIE:VOE)
Sep 03We Like These Underlying Return On Capital Trends At Voestalpine (VIE:VOE)
Jul 26Voestalpine's (VIE:VOE) Upcoming Dividend Will Be Larger Than Last Year's
Jul 08Voestalpine (VIE:VOE) Is Increasing Its Dividend To €1.50
Jun 24Voestalpine (VIE:VOE) Will Pay A Larger Dividend Than Last Year At €1.50
Jun 10We Think Voestalpine (VIE:VOE) Is Taking Some Risk With Its Debt
May 17A Look At The Intrinsic Value Of Voestalpine AG (VIE:VOE)
Apr 08We Like These Underlying Return On Capital Trends At Voestalpine (VIE:VOE)
Mar 21Is Voestalpine (VIE:VOE) Using Too Much Debt?
Jan 24Is Voestalpine AG (VIE:VOE) Worth €25.7 Based On Its Intrinsic Value?
Dec 09The Return Trends At Voestalpine (VIE:VOE) Look Promising
Oct 28Voestalpine (VIE:VOE) Has A Pretty Healthy Balance Sheet
Oct 10Is There An Opportunity With Voestalpine AG's (VIE:VOE) 29% Undervaluation?
Sep 04The Return Trends At Voestalpine (VIE:VOE) Look Promising
Jul 29Voestalpine's (VIE:VOE) Dividend Will Be Increased To €1.20
Jul 06Voestalpine (VIE:VOE) Has A Pretty Healthy Balance Sheet
Jun 29Voestalpine (VIE:VOE) Will Pay A Larger Dividend Than Last Year At €1.20
Jun 11Are Investors Undervaluing Voestalpine AG (VIE:VOE) By 36%?
Apr 29Voestalpine (VIE:VOE) Seems To Use Debt Quite Sensibly
Feb 28The Return Trends At Voestalpine (VIE:VOE) Look Promising
Jan 12Is There An Opportunity With Voestalpine AG's (VIE:VOE) 36% Undervaluation?
Dec 05Voestalpine's (VIE:VOE) Returns Have Hit A Wall
Oct 07Are Investors Undervaluing Voestalpine AG (VIE:VOE) By 24%?
Aug 10Is Voestalpine (VIE:VOE) Using Too Much Debt?
Jul 04We Think Voestalpine's (VIE:VOE) Healthy Earnings Might Be Conservative
Jun 16Some Investors May Be Worried About Voestalpine's (VIE:VOE) Returns On Capital
Jun 14Voestalpine AG (VIE:VOE) Shares Could Be 25% Below Their Intrinsic Value Estimate
May 05Financial Position Analysis
Short Term Liabilities: VOE's short term assets (€7.4B) exceed its short term liabilities (€5.3B).
Long Term Liabilities: VOE's short term assets (€7.4B) exceed its long term liabilities (€2.6B).
Debt to Equity History and Analysis
Debt Level: VOE's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: VOE's debt to equity ratio has reduced from 88% to 44.3% over the past 5 years.
Debt Coverage: VOE's debt is well covered by operating cash flow (42.6%).
Interest Coverage: VOE's interest payments on its debt are well covered by EBIT (3.9x coverage).