Viva Leisure Balance Sheet Health

Financial Health criteria checks 3/6

Viva Leisure has a total shareholder equity of A$91.8M and total debt of A$18.2M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are A$468.3M and A$376.5M respectively. Viva Leisure's EBIT is A$24.4M making its interest coverage ratio 1.4. It has cash and short-term investments of A$4.3M.

Key information

19.8%

Debt to equity ratio

AU$18.17m

Debt

Interest coverage ratio	1.4x
Cash	AU$4.34m
Equity	AU$91.75m
Total liabilities	AU$376.54m
Total assets	AU$468.29m

Recent financial health updates

Health Check: How Prudently Does Viva Leisure (ASX:VVA) Use Debt?

Jun 30

Is Viva Leisure (ASX:VVA) Using Debt Sensibly?

Mar 03

Recent updates

Solid Earnings Reflect Viva Leisure's (ASX:VVA) Strength As A Business

Feb 21

Estimating The Intrinsic Value Of Viva Leisure Limited (ASX:VVA)

Sep 27

Viva Leisure Limited (ASX:VVA) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$2.70

Aug 13

If You Had Bought Viva Leisure (ASX:VVA) Stock A Year Ago, You Could Pocket A 13% Gain Today

Feb 10

What Kind Of Investors Own Most Of Viva Leisure Limited (ASX:VVA)?

Sep 23

Viva Leisure's (ASX:VVA) Earnings Are Growing But Is There More To The Story?

Jul 27

Financial Position Analysis

Short Term Liabilities: VVA's short term assets (A$10.0M) do not cover its short term liabilities (A$63.3M).

Long Term Liabilities: VVA's short term assets (A$10.0M) do not cover its long term liabilities (A$313.3M).

Debt to Equity History and Analysis

Debt Level: VVA's net debt to equity ratio (15.1%) is considered satisfactory.

Reducing Debt: VVA's debt to equity ratio has reduced from 117.4% to 19.8% over the past 5 years.

Debt Coverage: VVA's debt is well covered by operating cash flow (308.9%).

Interest Coverage: VVA's interest payments on its debt are not well covered by EBIT (1.4x coverage).

Viva Leisure Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Health Check: How Prudently Does Viva Leisure (ASX:VVA) Use Debt?

Is Viva Leisure (ASX:VVA) Using Debt Sensibly?

Recent updates

Consensus EPS estimates fall by 13%

Consensus EPS estimates fall by 13%

Viva Leisure Limited (ASX:VVA) acquired IFitness247 for AUD 5.2 million.

Solid Earnings Reflect Viva Leisure's (ASX:VVA) Strength As A Business

First half 2024 earnings released: EPS: AU$0.017 (vs AU$0.017 in 1H 2023)

Consensus EPS estimates increase by 14%

Viva Leisure Limited to Report First Half, 2024 Results on Feb 15, 2024

Consensus EPS estimates increase by 28%

Price target increased by 11% to AU$2.94

Estimating The Intrinsic Value Of Viva Leisure Limited (ASX:VVA)

Viva Leisure Limited, Annual General Meeting, Oct 26, 2023

Viva Leisure Limited (ASX:VVA) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$2.70

Full year 2023 earnings released: EPS: AU$0.038 (vs AU$0.14 loss in FY 2022)

Viva Leisure Limited to Report Fiscal Year 2023 Results on Aug 11, 2023

Price target increased by 7.3% to AU$2.70

Forecast breakeven date pushed back to 2024

Price target increased by 13% to AU$2.32

First half 2023 earnings released: EPS: AU$0.017 (vs AU$0.12 loss in 1H 2022)

Viva Leisure Limited to Report First Half, 2023 Results on Feb 23, 2023

Viva Leisure Limited Reaffirms Earnings Guidance for the Fiscal Year 2023

Estimating The Fair Value Of Viva Leisure Limited (ASX:VVA)

Price target decreased to AU$2.15

Viva Leisure Limited (ASX:VVA) acquired Rebalance Pilates & Yoga studio.

Viva Leisure Limited Announces Changes to Board Subcommittees

Viva Leisure Limited Provides Earnings Guidance for the Financial Year 2023

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Viva Leisure Limited, Annual General Meeting, Oct 24, 2022

Viva Leisure Limited Provides Revenue Guidance for the Second Half 2022

Price target decreased to AU$2.43

Viva Leisure Limited to Report Fiscal Year 2022 Results on Aug 18, 2022

Health Check: How Prudently Does Viva Leisure (ASX:VVA) Use Debt?

Viva Leisure Limited Revises Earnings Guidance for the Second Half of Fiscal Year 2022

Price target decreased to AU$2.49

Co-Founder recently bought AU$65k worth of stock

Viva Leisure Limited Appoints Robert Andrew Crichton Burns as Director

Viva Leisure Limited Appoints Rhys Holleran as New Chair and a New Independent Non-Executive Director

Viva Leisure Limited Announces Demise of Bruce Glanville, Chairman

Consensus forecasts updated

First half 2022 earnings: Revenues exceed analyst expectations

Viva Leisure Limited Announces Earning Guidance for the Year 2022

Viva Leisure Limited to Report First Half, 2022 Results on Feb 25, 2022

Viva Leisure Limited (ASX:VVA) completed the acquisition of Eight Rebalance Pilates & Yoga studios and the Master Franchisor of the business.

Price target increased to AU$2.86

Viva Leisure Limited announced that it has received AUD 11.714929 million in funding

Viva Leisure Limited announced that it expects to receive AUD 11.714929 million in funding

Price target decreased to AU$3.05

Consensus forecasts updated

Viva Leisure Limited Provides Earnings Guidance for the Fiscal Year 2021

Estimating The Fair Value Of Viva Leisure Limited (ASX:VVA)

Price target decreased to AU$3.58

New 90-day low: AU$2.59

Is Viva Leisure (ASX:VVA) Using Debt Sensibly?

First half 2021 earnings released: AU$0.045 loss per share (vs AU$0.022 profit in 1H 2020)

Viva Leisure Limited to Report First Half, 2021 Results on Feb 25, 2021

If You Had Bought Viva Leisure (ASX:VVA) Stock A Year Ago, You Could Pocket A 13% Gain Today

Viva Leisure Limited (ASX:VVA) completed the acquisition of six pinnacle health clubs in Victoria.

Viva Leisure Limited (ASX:VVA) executed a binding business sale agreement to acquire six pinnacle health clubs in Victoria for AUD 6.3 million.

Viva Leisure Limited Announces Retirement of Susan Forrester AM as Director, effective December 31, 2020

Viva Leisure Limited has completed a Follow-on Equity Offering in the amount of AUD 30.000001 million.

Viva Leisure Limited Reopens Its Health Clubs in Victoria

Analysts update estimates

Chief Technology Officer recently sold AU$2.9m worth of stock

Viva Leisure Limited (ASX:VVA) signed heads of agreement to acquire Franchise from Australian Fitness Management Pty. Ltd. in Queensland, Australia.

New 90-day high: AU$2.95

Analysts update estimates

Price target raised to AU$3.93

Viva Leisure Limited Announces Appointment of Rhys Holleran to the Board

What Kind Of Investors Own Most Of Viva Leisure Limited (ASX:VVA)?

Earnings released

Price target raised to AU$3.43

New 90-day high - AU$2.82

Viva Leisure Limited (ASX:VVA) completed the acquisition of Australian Fitness Management Pty Ltd.

Viva Leisure Limited to Report Fiscal Year 2020 Results on Aug 26, 2020