Volution Group Balance Sheet Health
Financial Health criteria checks 6/6
Volution Group has a total shareholder equity of £245.9M and total debt of £60.0M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are £430.3M and £184.4M respectively. Volution Group's EBIT is £68.5M making its interest coverage ratio 10.6. It has cash and short-term investments of £18.2M.
Key information
24.4%
Debt to equity ratio
UK£59.96m
Debt
| Interest coverage ratio | 10.6x |
| Cash | UK£18.24m |
| Equity | UK£245.92m |
| Total liabilities | UK£184.39m |
| Total assets | UK£430.32m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VO1's short term assets (£127.0M) exceed its short term liabilities (£99.3M).
Long Term Liabilities: VO1's short term assets (£127.0M) exceed its long term liabilities (£85.1M).
Debt to Equity History and Analysis
Debt Level: VO1's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: VO1's debt to equity ratio has reduced from 48.5% to 24.4% over the past 5 years.
Debt Coverage: VO1's debt is well covered by operating cash flow (126.3%).
Interest Coverage: VO1's interest payments on its debt are well covered by EBIT (10.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 01:07 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Volution Group plc is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Chantry | Berenberg |
| Aynsley Lammin | Canaccord Genuity |
| Florence O'Donoghue | Davy |