V2X Balance Sheet Health
Financial Health criteria checks 1/6
V2X has a total shareholder equity of $1.0B and total debt of $1.1B, which brings its debt-to-equity ratio to 111.6%. Its total assets and total liabilities are $3.1B and $2.1B respectively. V2X's EBIT is $146.2M making its interest coverage ratio 1.3. It has cash and short-term investments of $57.8M.
Key information
111.6%
Debt to equity ratio
US$1.12b
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$57.76m |
| Equity | US$1.00b |
| Total liabilities | US$2.12b |
| Total assets | US$3.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1V1's short term assets ($982.3M) exceed its short term liabilities ($906.1M).
Long Term Liabilities: 1V1's short term assets ($982.3M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: 1V1's net debt to equity ratio (105.8%) is considered high.
Reducing Debt: 1V1's debt to equity ratio has increased from 29.5% to 111.6% over the past 5 years.
Debt Coverage: 1V1's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 1V1's interest payments on its debt are not well covered by EBIT (1.3x coverage).