Valvoline Balance Sheet Health
Financial Health criteria checks 3/6
Valvoline has a total shareholder equity of $185.6M and total debt of $1.1B, which brings its debt-to-equity ratio to 589.3%. Its total assets and total liabilities are $2.4B and $2.3B respectively. Valvoline's EBIT is $355.5M making its interest coverage ratio 5.3. It has cash and short-term investments of $68.3M.
Key information
589.3%
Debt to equity ratio
US$1.09b
Debt
| Interest coverage ratio | 5.3x |
| Cash | US$68.30m |
| Equity | US$185.60m |
| Total liabilities | US$2.25b |
| Total assets | US$2.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0V4's short term assets ($255.4M) do not cover its short term liabilities ($353.9M).
Long Term Liabilities: 0V4's short term assets ($255.4M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: 0V4's net debt to equity ratio (552.5%) 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 well covered by operating cash flow (24.2%).
Interest Coverage: 0V4's interest payments on its debt are well covered by EBIT (5.3x coverage).