Ventia Services Group Balance Sheet Health
Financial Health criteria checks 5/6
Ventia Services Group has a total shareholder equity of A$594.7M and total debt of A$747.4M, which brings its debt-to-equity ratio to 125.7%. Its total assets and total liabilities are A$3.0B and A$2.4B respectively. Ventia Services Group's EBIT is A$334.2M making its interest coverage ratio 8.5. It has cash and short-term investments of A$368.2M.
Key information
125.7%
Debt to equity ratio
AU$747.40m
Debt
| Interest coverage ratio | 8.5x |
| Cash | AU$368.20m |
| Equity | AU$594.70m |
| Total liabilities | AU$2.41b |
| Total assets | AU$3.01b |
Recent financial health updates
Recent updates
Ventia Services Group Limited's (ASX:VNT) Intrinsic Value Is Potentially 54% Above Its Share Price
Oct 09
Here's Why Ventia Services Group (ASX:VNT) Has Caught The Eye Of Investors
Sep 05Investors Met With Slowing Returns on Capital At Ventia Services Group (ASX:VNT)
Aug 18What Ventia Services Group Limited's (ASX:VNT) P/E Is Not Telling You
Aug 01Is Ventia Services Group Limited (ASX:VNT) Trading At A 38% Discount?
May 21Ventia Services Group (ASX:VNT) Seems To Use Debt Quite Sensibly
May 01Insufficient Growth At Ventia Services Group Limited (ASX:VNT) Hampers Share Price
Apr 02Ventia 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$1.4B) exceed its short term liabilities (A$1.3B).
Long Term Liabilities: VNT's short term assets (A$1.4B) exceed its long term liabilities (A$1.1B).
Debt to Equity History and Analysis
Debt Level: VNT's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: VNT's debt to equity ratio has reduced from 2810.1% to 125.7% over the past 5 years.
Debt Coverage: VNT's debt is well covered by operating cash flow (41.2%).
Interest Coverage: VNT's interest payments on its debt are well covered by EBIT (8.5x coverage).