VGP Balance Sheet Health
Financial Health criteria checks 3/6
VGP has a total shareholder equity of €2.3B and total debt of €2.1B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are €4.6B and €2.3B respectively. VGP's EBIT is €133.4M making its interest coverage ratio -13.2. It has cash and short-term investments of €625.0M.
Key information
93.9%
Debt to equity ratio
€2.12b
Debt
Interest coverage ratio | -13.2x |
Cash | €625.02m |
Equity | €2.25b |
Total liabilities | €2.31b |
Total assets | €4.56b |
Recent financial health updates
Here's Why VGP (EBR:VGP) Has A Meaningful Debt Burden
Mar 22We Think VGP (EBR:VGP) Is Taking Some Risk With Its Debt
Nov 12These 4 Measures Indicate That VGP (EBR:VGP) Is Using Debt Extensively
Jun 26Recent updates
Is VGP NV (EBR:VGP) Worth €76.4 Based On Its Intrinsic Value?
Nov 06VGP's (EBR:VGP) Shareholders Should Assess Earnings With Caution
Aug 31Is It Too Late To Consider Buying VGP NV (EBR:VGP)?
Aug 06The VGP NV (EBR:VGP) Analysts Have Been Trimming Their Sales Forecasts
Jun 28Is It Too Late To Consider Buying VGP NV (EBR:VGP)?
Apr 12Here's Why VGP (EBR:VGP) Has A Meaningful Debt Burden
Mar 22We Think VGP (EBR:VGP) Is Taking Some Risk With Its Debt
Nov 12Need To Know: Analysts Are Much More Bullish On VGP NV (EBR:VGP) Revenues
Jul 06These 4 Measures Indicate That VGP (EBR:VGP) Is Using Debt Extensively
Jun 26Is VGP NV (EBR:VGP) Trading At A 25% Discount?
Mar 22Is Now An Opportune Moment To Examine VGP NV (EBR:VGP)?
Feb 08Is It Too Late To Consider Buying VGP NV (EBR:VGP)?
Oct 07What Type Of Shareholders Make Up VGP NV's (EBR:VGP) Share Registry?
Feb 20Is There More To The Story Than VGP's (EBR:VGP) Earnings Growth?
Dec 29Financial Position Analysis
Short Term Liabilities: VGP's short term assets (€945.5M) exceed its short term liabilities (€306.7M).
Long Term Liabilities: VGP's short term assets (€945.5M) do not cover its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: VGP's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: VGP's debt to equity ratio has reduced from 101.3% to 93.9% over the past 5 years.
Debt Coverage: VGP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VGP earns more interest than it pays, so coverage of interest payments is not a concern.