Ventia Services Group Balance Sheet Health
Financial Health criteria checks 5/6
Ventia Services Group has a total shareholder equity of A$570.2M and total debt of A$748.5M, which brings its debt-to-equity ratio to 131.3%. Its total assets and total liabilities are A$2.9B and A$2.4B respectively. Ventia Services Group's EBIT is A$315.9M making its interest coverage ratio 7.8. It has cash and short-term investments of A$344.2M.
Key information
131.3%
Debt to equity ratio
AU$748.50m
Debt
| Interest coverage ratio | 7.8x |
| Cash | AU$344.20m |
| Equity | AU$570.20m |
| Total liabilities | AU$2.36b |
| Total assets | AU$2.93b |
Recent financial health updates
No updates
Recent updates
Insufficient Growth At Ventia Services Group Limited (ASX:VNT) Hampers Share Price
Apr 02
Ventia Services Group (ASX:VNT) Is Paying Out A Larger Dividend Than Last Year
Feb 26Investors Met With Slowing Returns on Capital At Ventia Services Group (ASX:VNT)
Feb 22Ventia Services Group Limited's (ASX:VNT) Intrinsic Value Is Potentially 100% Above Its Share Price
Feb 01Ventia Services Group (ASX:VNT) Is Paying Out A Larger Dividend Than Last Year
Aug 29Ventia Services Group Limited (ASX:VNT) Half-Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Aug 26Ventia Services Group Limited (ASX:VNT) Shares Could Be 39% Below Their Intrinsic Value Estimate
Jul 10Returns At Ventia Services Group (ASX:VNT) Appear To Be Weighed Down
Jun 15Insufficient Growth At Ventia Services Group Limited (ASX:VNT) Hampers Share Price
Apr 20Ventia Services Group (ASX:VNT) Will Want To Turn Around Its Return Trends
Dec 24With EPS Growth And More, Ventia Services Group (ASX:VNT) Makes An Interesting Case
Dec 08Ventia Services Group Limited (ASX:VNT) Shares Could Be 49% Below Their Intrinsic Value Estimate
Nov 23Ventia Services Group Limited's (ASX:VNT) Intrinsic Value Is Potentially 66% Above Its Share Price
Aug 07An Intrinsic Calculation For Ventia Services Group Limited (ASX:VNT) Suggests It's 44% Undervalued
Apr 02Financial Position Analysis
Short Term Liabilities: VNT's short term assets (A$1.3B) exceed its short term liabilities (A$1.2B).
Long Term Liabilities: VNT's short term assets (A$1.3B) exceed its long term liabilities (A$1.1B).
Debt to Equity History and Analysis
Debt Level: VNT's net debt to equity ratio (70.9%) is considered high.
Reducing Debt: VNT's debt to equity ratio has reduced from 1920.1% to 131.3% over the past 5 years.
Debt Coverage: VNT's debt is well covered by operating cash flow (40.9%).
Interest Coverage: VNT's interest payments on its debt are well covered by EBIT (7.8x coverage).