Viva Energy Group Balance Sheet Health
Financial Health criteria checks 2/6
Viva Energy Group has a total shareholder equity of A$2.2B and total debt of A$1.8B, which brings its debt-to-equity ratio to 81.3%. Its total assets and total liabilities are A$12.6B and A$10.4B respectively. Viva Energy Group's EBIT is A$394.9M making its interest coverage ratio 1.4. It has cash and short-term investments of A$298.0M.
Key information
81.3%
Debt to equity ratio
AU$1.75b
Debt
| Interest coverage ratio | 1.4x |
| Cash | AU$298.00m |
| Equity | AU$2.15b |
| Total liabilities | AU$10.43b |
| Total assets | AU$12.58b |
Recent financial health updates
We Think Viva Energy Group (ASX:VEA) Is Taking Some Risk With Its Debt
Nov 16
We Think Viva Energy Group (ASX:VEA) Is Taking Some Risk With Its Debt
Mar 18Here's Why Viva Energy Group (ASX:VEA) Has A Meaningful Debt Burden
Sep 14Does Viva Energy Group (ASX:VEA) Have A Healthy Balance Sheet?
May 17We Think Viva Energy Group (ASX:VEA) Is Taking Some Risk With Its Debt
Oct 05Recent updates
We Think Viva Energy Group (ASX:VEA) Is Taking Some Risk With Its Debt
Nov 16Viva Energy Group's (ASX:VEA) Promising Earnings May Rest On Soft Foundations
Sep 01We Think Viva Energy Group (ASX:VEA) Is Taking Some Risk With Its Debt
Mar 18Viva Energy Group (ASX:VEA) Is Paying Out Less In Dividends Than Last Year
Feb 25A Look At The Fair Value Of Viva Energy Group Limited (ASX:VEA)
Feb 24Investors Could Be Concerned With Viva Energy Group's (ASX:VEA) Returns On Capital
Dec 15Calculating The Intrinsic Value Of Viva Energy Group Limited (ASX:VEA)
Nov 09Here's Why Viva Energy Group (ASX:VEA) Has A Meaningful Debt Burden
Sep 14Viva Energy Group's (ASX:VEA) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 28Estimating The Fair Value Of Viva Energy Group Limited (ASX:VEA)
Jul 07Here's Why We Think Viva Energy Group (ASX:VEA) Might Deserve Your Attention Today
Jun 07Viva Energy Group (ASX:VEA) Is Looking To Continue Growing Its Returns On Capital
May 02Is Viva Energy Group Limited (ASX:VEA) Worth AU$3.0 Based On Its Intrinsic Value?
Mar 29Here's Why Viva Energy Group (ASX:VEA) Has Caught The Eye Of Investors
Feb 27Under The Bonnet, Viva Energy Group's (ASX:VEA) Returns Look Impressive
Dec 21A Look At The Intrinsic Value Of Viva Energy Group Limited (ASX:VEA)
Dec 06Do Viva Energy Group's (ASX:VEA) Earnings Warrant Your Attention?
Nov 18Viva Energy Group (ASX:VEA) Is Increasing Its Dividend To A$0.137
Aug 28We Like Viva Energy Group's (ASX:VEA) Returns And Here's How They're Trending
Aug 26Is Viva Energy Group Limited (ASX:VEA) Trading At A 42% Discount?
Aug 07Does Viva Energy Group (ASX:VEA) Have A Healthy Balance Sheet?
May 17Viva Energy Group (ASX:VEA) Hasn't Managed To Accelerate Its Returns
Apr 29Is Viva Energy Group Limited (ASX:VEA) Trading At A 37% Discount?
Mar 25Here's What To Make Of Viva Energy Group's (ASX:VEA) Decelerating Rates Of Return
Dec 22A Look At The Intrinsic Value Of Viva Energy Group Limited (ASX:VEA)
Dec 01Viva Energy Group's (ASX:VEA) Dividend Will Be Reduced To AU$0.062
Oct 13We Think Viva Energy Group (ASX:VEA) Is Taking Some Risk With Its Debt
Oct 05Returns At Viva Energy Group (ASX:VEA) Appear To Be Weighed Down
Sep 19Financial Position Analysis
Short Term Liabilities: VEA's short term assets (A$5.1B) exceed its short term liabilities (A$5.0B).
Long Term Liabilities: VEA's short term assets (A$5.1B) do not cover its long term liabilities (A$5.4B).
Debt to Equity History and Analysis
Debt Level: VEA's net debt to equity ratio (67.5%) is considered high.
Reducing Debt: VEA's debt to equity ratio has increased from 9% to 81.3% over the past 5 years.
Debt Coverage: VEA's debt is well covered by operating cash flow (41.2%).
Interest Coverage: VEA's interest payments on its debt are not well covered by EBIT (1.4x coverage).