Vesuvius Balance Sheet Health
Financial Health criteria checks 6/6
Vesuvius has a total shareholder equity of £1.3B and total debt of £354.0M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are £2.3B and £962.0M respectively. Vesuvius's EBIT is £187.8M making its interest coverage ratio 22.9. It has cash and short-term investments of £164.2M.
Key information
26.8%
Debt to equity ratio
UK£354.00m
Debt
Interest coverage ratio | 22.9x |
Cash | UK£164.20m |
Equity | UK£1.32b |
Total liabilities | UK£962.00m |
Total assets | UK£2.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V4S's short term assets (£927.2M) exceed its short term liabilities (£474.5M).
Long Term Liabilities: V4S's short term assets (£927.2M) exceed its long term liabilities (£487.5M).
Debt to Equity History and Analysis
Debt Level: V4S's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: V4S's debt to equity ratio has reduced from 42.2% to 26.8% over the past 5 years.
Debt Coverage: V4S's debt is well covered by operating cash flow (61.2%).
Interest Coverage: V4S's interest payments on its debt are well covered by EBIT (22.9x coverage).