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
No updates
Recent updates
Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Ventia Services Group Limited is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |
| Megan Kirby-Lewis | Barrenjoey Markets Pty Limited |