Vicinity Centres Financial Health
How is Vicinity Centres's financial position?
[object Object] Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: VCX's short term assets (A$173.0M) do not cover its short term liabilities (A$346.7M).
Long Term Liabilities: VCX's short term assets (A$173.0M) do not cover its long term liabilities (A$4.3B).
Debt to Equity History and Analysis
Debt Level: VCX's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: VCX's debt to equity ratio has reduced from 34.7% to 34.6% over the past 5 years.
Debt Coverage: VCX's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: VCX's interest payments on its debt are well covered by EBIT (3.6x coverage).