Vodafone Group Balance Sheet Health
Financial Health criteria checks 4/6
Vodafone Group has a total shareholder equity of €60.6B and total debt of €47.0B, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are €139.6B and €79.0B respectively. Vodafone Group's EBIT is €4.1B making its interest coverage ratio 4. It has cash and short-term investments of €13.1B.
Key information
77.6%
Debt to equity ratio
€46.99b
Debt
| Interest coverage ratio | 4x |
| Cash | €13.07b |
| Equity | €60.59b |
| Total liabilities | €78.97b |
| Total assets | €139.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VODI's short term assets (€35.6B) exceed its short term liabilities (€26.0B).
Long Term Liabilities: VODI's short term assets (€35.6B) do not cover its long term liabilities (€52.9B).
Debt to Equity History and Analysis
Debt Level: VODI's net debt to equity ratio (56%) is considered high.
Reducing Debt: VODI's debt to equity ratio has reduced from 107% to 77.6% over the past 5 years.
Debt Coverage: VODI's debt is well covered by operating cash flow (35.4%).
Interest Coverage: VODI's interest payments on its debt are well covered by EBIT (4x coverage).