Verbrec Limited

ASX:VBC Stock Report

Market Cap: AU$39.2m

Verbrec Balance Sheet Health

Financial Health criteria checks 5/6

Verbrec has a total shareholder equity of A$19.2M and total debt of A$6.6M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are A$47.7M and A$28.5M respectively. Verbrec's EBIT is A$5.3M making its interest coverage ratio 5.3. It has cash and short-term investments of A$4.6M.

Key information

34.6%

Debt to equity ratio

AU$6.64m

Debt

Interest coverage ratio5.3x
CashAU$4.62m
EquityAU$19.17m
Total liabilitiesAU$28.53m
Total assetsAU$47.69m

Recent financial health updates

These 4 Measures Indicate That Verbrec (ASX:VBC) Is Using Debt Reasonably Well

Sep 27
These 4 Measures Indicate That Verbrec (ASX:VBC) Is Using Debt Reasonably Well

We Think Verbrec (ASX:VBC) Has A Fair Chunk Of Debt

May 06
We Think Verbrec (ASX:VBC) Has A Fair Chunk Of Debt

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Nov 10
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Is Verbrec (ASX:VBC) Using Too Much Debt?

Jun 05
Is Verbrec (ASX:VBC) Using Too Much Debt?

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Dec 14
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Mar 29
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Recent updates

These 4 Measures Indicate That Verbrec (ASX:VBC) Is Using Debt Reasonably Well

Sep 27
These 4 Measures Indicate That Verbrec (ASX:VBC) Is Using Debt Reasonably Well

Verbrec Limited's (ASX:VBC) Shareholders Might Be Looking For Exit

Aug 20
Verbrec Limited's (ASX:VBC) Shareholders Might Be Looking For Exit

We Think Verbrec (ASX:VBC) Has A Fair Chunk Of Debt

May 06
We Think Verbrec (ASX:VBC) Has A Fair Chunk Of Debt

There's Reason For Concern Over Verbrec Limited's (ASX:VBC) Massive 48% Price Jump

Feb 28
There's Reason For Concern Over Verbrec Limited's (ASX:VBC) Massive 48% Price Jump

Verbrec Limited's (ASX:VBC) 29% Share Price Plunge Could Signal Some Risk

Nov 24
Verbrec Limited's (ASX:VBC) 29% Share Price Plunge Could Signal Some Risk

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Nov 10
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Is Verbrec (ASX:VBC) Using Too Much Debt?

Jun 05
Is Verbrec (ASX:VBC) Using Too Much Debt?

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Dec 14
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

I Ran A Stock Scan For Earnings Growth And Verbrec (ASX:VBC) Passed With Ease

May 13
I Ran A Stock Scan For Earnings Growth And Verbrec (ASX:VBC) Passed With Ease

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Mar 29
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Declining Stock and Decent Financials: Is The Market Wrong About Verbrec Limited (ASX:VBC)?

Mar 03
Declining Stock and Decent Financials: Is The Market Wrong About Verbrec Limited (ASX:VBC)?

Is There More To The Story Than Verbrec's (ASX:VBC) Earnings Growth?

Jan 25
Is There More To The Story Than Verbrec's (ASX:VBC) Earnings Growth?

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Dec 21
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Is LogiCamms (ASX:LCM) Likely To Turn Things Around?

Nov 29
Is LogiCamms (ASX:LCM) Likely To Turn Things Around?

Financial Position Analysis

Short Term Liabilities: VBC's short term assets (A$23.0M) exceed its short term liabilities (A$20.0M).

Long Term Liabilities: VBC's short term assets (A$23.0M) exceed its long term liabilities (A$8.5M).

Debt to Equity History and Analysis

Debt Level: VBC's net debt to equity ratio (10.5%) is considered satisfactory.

Reducing Debt: VBC's debt to equity ratio has increased from 14.2% to 34.6% over the past 5 years.

Debt Coverage: VBC's debt is well covered by operating cash flow (30.2%).

Interest Coverage: VBC's interest payments on its debt are well covered by EBIT (5.3x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 15:27
End of Day Share Price 2025/02/14 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Verbrec Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Graeme CarsonRaaS Advisory Pty Ltd