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

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


Discover healthy companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 04:00
End of Day Share Price 2025/02/05 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.

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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