V2X Balance Sheet Health
Financial Health criteria checks 1/6
V2X has a total shareholder equity of $993.7M and total debt of $1.2B, which brings its debt-to-equity ratio to 117.7%. Its total assets and total liabilities are $3.1B and $2.1B respectively. V2X's EBIT is $124.2M making its interest coverage ratio 1. It has cash and short-term investments of $37.7M.
Key information
117.7%
Debt to equity ratio
US$1.17b
Debt
Interest coverage ratio | 1x |
Cash | US$37.65m |
Equity | US$993.74m |
Total liabilities | US$2.15b |
Total assets | US$3.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1V1's short term assets ($953.6M) exceed its short term liabilities ($852.7M).
Long Term Liabilities: 1V1's short term assets ($953.6M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: 1V1's net debt to equity ratio (113.9%) is considered high.
Reducing Debt: 1V1's debt to equity ratio has increased from 32% to 117.7% over the past 5 years.
Debt Coverage: 1V1's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 1V1's interest payments on its debt are not well covered by EBIT (1x coverage).