Victoria Balance Sheet Health
Financial Health criteria checks 3/6
Victoria has a total shareholder equity of £82.8M and total debt of £1.1B, which brings its debt-to-equity ratio to 1296.6%. Its total assets and total liabilities are £1.8B and £1.7B respectively. Victoria's EBIT is £88.3M making its interest coverage ratio 2.4. It has cash and short-term investments of £92.7M.
Key information
1,296.6%
Debt to equity ratio
UK£1.07b
Debt
Interest coverage ratio | 2.4x |
Cash | UK£92.70m |
Equity | UK£82.80m |
Total liabilities | UK£1.73b |
Total assets | UK£1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3CV's short term assets (£750.3M) exceed its short term liabilities (£469.3M).
Long Term Liabilities: 3CV's short term assets (£750.3M) do not cover its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: 3CV's net debt to equity ratio (1184.7%) is considered high.
Reducing Debt: 3CV's debt to equity ratio has increased from 126.1% to 1296.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3CV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3CV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.4% per year.