VGP Balance Sheet Health
Financial Health criteria checks 3/6
VGP has a total shareholder equity of €2.2B and total debt of €2.0B, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are €4.4B and €2.2B respectively. VGP's EBIT is €92.0M making its interest coverage ratio 181.8. It has cash and short-term investments of €209.9M.
Key information
90.2%
Debt to equity ratio
€2.00b
Debt
Interest coverage ratio | 181.8x |
Cash | €209.92m |
Equity | €2.21b |
Total liabilities | €2.20b |
Total assets | €4.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4V1's short term assets (€1.2B) exceed its short term liabilities (€249.1M).
Long Term Liabilities: 4V1's short term assets (€1.2B) do not cover its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: 4V1's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: 4V1's debt to equity ratio has reduced from 108% to 90.2% over the past 5 years.
Debt Coverage: 4V1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4V1's interest payments on its debt are well covered by EBIT (181.8x coverage).