Venture Balance Sheet Health
Financial Health criteria checks 6/6
Venture has a total shareholder equity of SGD2.8B and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD3.6B and SGD716.9M respectively. Venture's EBIT is SGD296.0M making its interest coverage ratio -10.8. It has cash and short-term investments of SGD1.1B.
Key information
0%
Debt to equity ratio
S$0
Debt
Interest coverage ratio | -10.8x |
Cash | S$1.06b |
Equity | S$2.84b |
Total liabilities | S$716.93m |
Total assets | S$3.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VEM's short term assets (SGD2.6B) exceed its short term liabilities (SGD696.7M).
Long Term Liabilities: VEM's short term assets (SGD2.6B) exceed its long term liabilities (SGD20.2M).
Debt to Equity History and Analysis
Debt Level: VEM is debt free.
Reducing Debt: VEM has no debt compared to 5 years ago when its debt to equity ratio was 0.08%.
Debt Coverage: VEM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VEM has no debt, therefore coverage of interest payments is not a concern.