Vivo Energy Balance Sheet Health
Financial Health criteria checks 4/6
Vivo Energy has a total shareholder equity of $883.0M and total debt of $629.0M, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are $3.7B and $2.8B respectively. Vivo Energy's EBIT is $294.0M making its interest coverage ratio 5.7. It has cash and short-term investments of $587.0M.
Key information
71.2%
Debt to equity ratio
US$629.00m
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$587.00m |
| Equity | US$883.00m |
| Total liabilities | US$2.82b |
| Total assets | US$3.70b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7VE's short term assets ($1.9B) do not cover its short term liabilities ($2.0B).
Long Term Liabilities: 7VE's short term assets ($1.9B) exceed its long term liabilities ($832.0M).
Debt to Equity History and Analysis
Debt Level: 7VE's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 7VE's debt to equity ratio has increased from 40.6% to 71.2% over the past 5 years.
Debt Coverage: 7VE's debt is well covered by operating cash flow (74.9%).
Interest Coverage: 7VE's interest payments on its debt are well covered by EBIT (5.7x coverage).