Volt Group Balance Sheet Health
Financial Health criteria checks 6/6
Volt Group has a total shareholder equity of A$6.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.5M and A$2.4M respectively. Volt Group's EBIT is A$902.1K making its interest coverage ratio 24.1. It has cash and short-term investments of A$2.4M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 24.1x |
| Cash | AU$2.37m |
| Equity | AU$6.13m |
| Total liabilities | AU$2.42m |
| Total assets | AU$8.54m |
Recent financial health updates
Recent updates
Calculating The Intrinsic Value Of Volt Group Limited (ASX:VPR)
Sep 25
Why We Think Volt Power Group Limited's (ASX:VPR) CEO Compensation Is Not Excessive At All
Apr 30We Think Volt Power Group (ASX:VPR) Can Afford To Drive Business Growth
Mar 04What Does Volt Power Group's (ASX:VPR) CEO Pay Reveal?
Nov 19
Financial Position Analysis
Short Term Liabilities: VPR's short term assets (A$3.4M) exceed its short term liabilities (A$1.9M).
Long Term Liabilities: VPR's short term assets (A$3.4M) exceed its long term liabilities (A$498.3K).
Debt to Equity History and Analysis
Debt Level: VPR is debt free.
Reducing Debt: VPR has no debt compared to 5 years ago when its debt to equity ratio was 7.2%.
Debt Coverage: VPR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VPR has no debt, therefore coverage of interest payments is not a concern.