Vestas Wind Systems Balance Sheet Health
Financial Health criteria checks 4/6
Vestas Wind Systems has a total shareholder equity of €3.0B and total debt of €2.8B, which brings its debt-to-equity ratio to 93.1%. Its total assets and total liabilities are €22.5B and €19.5B respectively. Vestas Wind Systems's EBIT is €36.0M making its interest coverage ratio 1.2. It has cash and short-term investments of €3.3B.
Key information
93.1%
Debt to equity ratio
€2.83b
Debt
Interest coverage ratio | 1.2x |
Cash | €3.32b |
Equity | €3.04b |
Total liabilities | €19.47b |
Total assets | €22.51b |
Recent financial health updates
Here's Why Vestas Wind Systems (CPH:VWS) Can Manage Its Debt Responsibly
Feb 29Is Vestas Wind Systems (CPH:VWS) Using Too Much Debt?
Oct 30Is Vestas Wind Systems (CPH:VWS) A Risky Investment?
Jul 31Vestas Wind Systems (CPH:VWS) Has Debt But No Earnings; Should You Worry?
Apr 13Vestas Wind Systems (CPH:VWS) Is Carrying A Fair Bit Of Debt
Dec 27These 4 Measures Indicate That Vestas Wind Systems (CPH:VWS) Is Using Debt Extensively
Jul 23Recent updates
Is It Time To Consider Buying Vestas Wind Systems A/S (CPH:VWS)?
Mar 31Is There An Opportunity With Vestas Wind Systems A/S' (CPH:VWS) 30% Undervaluation?
Mar 15Here's Why Vestas Wind Systems (CPH:VWS) Can Manage Its Debt Responsibly
Feb 29Vestas Wind Systems' (CPH:VWS) Earnings Are Of Questionable Quality
Feb 14Vestas Wind Systems A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 09Vestas Wind Systems A/S' (CPH:VWS) Shares Not Telling The Full Story
Jan 26Should You Think About Buying Vestas Wind Systems A/S (CPH:VWS) Now?
Dec 22Vestas Wind Systems A/S (CPH:VWS) Shares Could Be 47% Below Their Intrinsic Value Estimate
Nov 26Is Vestas Wind Systems (CPH:VWS) Using Too Much Debt?
Oct 30Is Vestas Wind Systems (CPH:VWS) A Risky Investment?
Jul 31Is There Now An Opportunity In Vestas Wind Systems A/S (CPH:VWS)?
Jun 08Is There An Opportunity With Vestas Wind Systems A/S' (CPH:VWS) 37% Undervaluation?
May 14Vestas Wind Systems (CPH:VWS) Has Debt But No Earnings; Should You Worry?
Apr 13Is Vestas Wind Systems A/S (CPH:VWS) Potentially Undervalued?
Jan 23Vestas Wind Systems (CPH:VWS) Is Carrying A Fair Bit Of Debt
Dec 27Calculating The Fair Value Of Vestas Wind Systems A/S (CPH:VWS)
Nov 30At kr.142, Is Vestas Wind Systems A/S (CPH:VWS) Worth Looking At Closely?
Oct 21Vestas Wind Systems (CPH:VWS) Is Reinvesting At Lower Rates Of Return
Sep 08These 4 Measures Indicate That Vestas Wind Systems (CPH:VWS) Is Using Debt Extensively
Jul 23Vestas Wind Systems (CPH:VWS) May Have Issues Allocating Its Capital
Jun 10Why Vestas Wind Systems A/S (CPH:VWS) Could Be Worth Watching
May 06These 4 Measures Indicate That Vestas Wind Systems (CPH:VWS) Is Using Debt Extensively
Mar 28Be Wary Of Vestas Wind Systems (CPH:VWS) And Its Returns On Capital
Feb 03Is Vestas Wind Systems A/S (CPH:VWS) Potentially Undervalued?
Jan 20Does Vestas Wind Systems (CPH:VWS) Have A Healthy Balance Sheet?
Dec 21Calculating The Intrinsic Value Of Vestas Wind Systems A/S (CPH:VWS)
Sep 17Is Vestas Wind Systems (CPH:VWS) Using Too Much Debt?
Aug 29Vestas Wind Systems (CPH:VWS) May Have Issues Allocating Its Capital
Aug 12Is There Now An Opportunity In Vestas Wind Systems A/S (CPH:VWS)?
Jun 18We Think That There Are Issues Underlying Vestas Wind Systems' (CPH:VWS) Earnings
May 12Financial Position Analysis
Short Term Liabilities: VWS's short term assets (€14.9B) exceed its short term liabilities (€14.0B).
Long Term Liabilities: VWS's short term assets (€14.9B) exceed its long term liabilities (€5.5B).
Debt to Equity History and Analysis
Debt Level: VWS has more cash than its total debt.
Reducing Debt: VWS's debt to equity ratio has increased from 16% to 93.1% over the past 5 years.
Debt Coverage: VWS's debt is well covered by operating cash flow (36.3%).
Interest Coverage: VWS's interest payments on its debt are not well covered by EBIT (1.2x coverage).