Vestas Wind Systems Balance Sheet Health
Financial Health criteria checks 5/6
Vestas Wind Systems has a total shareholder equity of €2.9B and total debt of €3.3B, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are €22.9B and €20.0B respectively. Vestas Wind Systems's EBIT is €163.0M making its interest coverage ratio 5.4. It has cash and short-term investments of €2.4B.
Key information
113.9%
Debt to equity ratio
€3.33b
Debt
| Interest coverage ratio | 5.4x |
| Cash | €2.36b |
| Equity | €2.92b |
| Total liabilities | €20.00b |
| Total assets | €22.92b |
Recent financial health updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Vestas Wind Systems (CPH:VWS)
Nov 30
Impressive Earnings May Not Tell The Whole Story For Vestas Wind Systems (CPH:VWS)
Nov 12Vestas Wind Systems A/S Just Missed EPS By 42%: Here's What Analysts Think Will Happen Next
Nov 07Vestas Wind Systems A/S (CPH:VWS) Could Be Riskier Than It Looks
Oct 29What Does Vestas Wind Systems A/S's (CPH:VWS) Share Price Indicate?
Sep 14Analysts Are Updating Their Vestas Wind Systems A/S (CPH:VWS) Estimates After Its Interim Results
Aug 16There Are Reasons To Feel Uneasy About Vestas Wind Systems' (CPH:VWS) Returns On Capital
Jul 13Vestas Wind Systems A/S' (CPH:VWS) Intrinsic Value Is Potentially 65% Above Its Share Price
Jun 16Market Participants Recognise Vestas Wind Systems A/S' (CPH:VWS) Revenues
May 22Vestas Wind Systems A/S Just Missed Earnings; Here's What Analysts Are Forecasting Now
May 04Is 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 26Financial Position Analysis
Short Term Liabilities: VWS's short term assets (€14.8B) exceed its short term liabilities (€14.6B).
Long Term Liabilities: VWS's short term assets (€14.8B) exceed its long term liabilities (€5.4B).
Debt to Equity History and Analysis
Debt Level: VWS's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: VWS's debt to equity ratio has increased from 19.1% to 113.9% over the past 5 years.
Debt Coverage: VWS's debt is well covered by operating cash flow (64.6%).
Interest Coverage: VWS's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 17:08 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vestas Wind Systems A/S is covered by 65 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lars Heindorff | ABG Sundal Collier |
| null null | ABG Sundal Collier |
| Scott McCollister | Ardour Capital Investments, LLC |