Valvoline Balance Sheet Health
Financial Health criteria checks 2/6
Valvoline has a total shareholder equity of $106.5M and total debt of $1.1B, which brings its debt-to-equity ratio to 1079.3%. Its total assets and total liabilities are $2.4B and $2.3B respectively. Valvoline's EBIT is $330.0M making its interest coverage ratio 5.2. It has cash and short-term investments of $66.9M.
Key information
1,079.3%
Debt to equity ratio
US$1.15b
Debt
| Interest coverage ratio | 5.2x |
| Cash | US$66.90m |
| Equity | US$106.50m |
| Total liabilities | US$2.27b |
| Total assets | US$2.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0V4's short term assets ($256.4M) do not cover its short term liabilities ($351.4M).
Long Term Liabilities: 0V4's short term assets ($256.4M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: 0V4's net debt to equity ratio (1016.5%) is considered high.
Reducing Debt: 0V4 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 0V4's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 0V4's interest payments on its debt are well covered by EBIT (5.2x coverage).