Viking Line Abp Balance Sheet Health

Financial Health criteria checks 4/6

Viking Line Abp has a total shareholder equity of €308.1M and total debt of €177.8M, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are €627.6M and €319.5M respectively. Viking Line Abp's EBIT is €44.8M making its interest coverage ratio 4.3. It has cash and short-term investments of €65.7M.

Key information

57.7%

Debt to equity ratio

€177.80m

Debt

Interest coverage ratio	4.3x
Cash	€65.70m
Equity	€308.10m
Total liabilities	€319.50m
Total assets	€627.60m

Recent financial health updates

We Think Viking Line Abp (HEL:VIK1V) Is Taking Some Risk With Its Debt

Apr 05

Viking Line ABP (HEL:VIK1V) Has Debt But No Earnings; Should You Worry?

Dec 31

Recent updates

Viking Line Abp (HEL:VIK1V) Has Announced That It Will Be Increasing Its Dividend To €1.00

Mar 28

Viking Line Abp (HEL:VIK1V) Is Paying Out A Larger Dividend Than Last Year

Feb 19

With EPS Growth And More, Viking Line Abp (HEL:VIK1V) Makes An Interesting Case

Sep 27

Viking Line Abp (HEL:VIK1V) Shareholders Will Want The ROCE Trajectory To Continue

Aug 25

Financial Position Analysis

Short Term Liabilities: VIK1V's short term assets (€125.4M) do not cover its short term liabilities (€127.8M).

Long Term Liabilities: VIK1V's short term assets (€125.4M) do not cover its long term liabilities (€191.7M).

Debt to Equity History and Analysis

Debt Level: VIK1V's net debt to equity ratio (36.4%) is considered satisfactory.

Reducing Debt: VIK1V's debt to equity ratio has reduced from 64% to 57.7% over the past 5 years.

Debt Coverage: VIK1V's debt is well covered by operating cash flow (41.7%).

Interest Coverage: VIK1V's interest payments on its debt are well covered by EBIT (4.3x coverage).

Viking Line Abp Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

We Think Viking Line Abp (HEL:VIK1V) Is Taking Some Risk With Its Debt

Viking Line ABP (HEL:VIK1V) Has Debt But No Earnings; Should You Worry?

Recent updates

First quarter 2024 earnings released: €0.82 loss per share (vs €0.21 loss in 1Q 2023)

Viking Line Abp Approves Dividend for the Financial Year January 1- December 31, 2023, Payable on May 2, 2024

Upcoming dividend of €1.00 per share

Viking Line Abp (HEL:VIK1V) Has Announced That It Will Be Increasing Its Dividend To €1.00

Independent Chairman recently bought €52k worth of stock

Viking Line Abp (HEL:VIK1V) Is Paying Out A Larger Dividend Than Last Year

Full year 2023 earnings released: EPS: €2.10 (vs €1.33 in FY 2022)

Viking Line Abp Proposes Dividend

Viking Line Abp to Report Fiscal Year 2024 Results on Feb 14, 2025

Viking Line Abp Provides Earnings Guidance for the Financial Year 2023

Third quarter 2023 earnings released: EPS: €1.60 (vs €1.12 in 3Q 2022)

New minor risk - Share price stability

With EPS Growth And More, Viking Line Abp (HEL:VIK1V) Makes An Interesting Case

Investor sentiment deteriorates as stock falls 15%

Second quarter 2023 earnings released: EPS: €0.61 (vs €0.37 in 2Q 2022)

Viking Line Abp Revises Earnings Guidance for the Financial Year 2023

Viking Line Abp (HEL:VIK1V) Shareholders Will Want The ROCE Trajectory To Continue

First quarter 2023 earnings released: €0.21 loss per share (vs €0.93 loss in 1Q 2022)

Upcoming dividend of €0.40 per share at 2.3% yield

We Think Viking Line Abp (HEL:VIK1V) Is Taking Some Risk With Its Debt

Full year 2022 earnings released: EPS: €1.33 (vs €1.74 in FY 2021)

Viking Line Proposes Dividend

Viking Line Abp Revises Operating Guidance for the Financial Year 2022

Viking Line Abp, Annual General Meeting, Apr 27, 2023

Greek Aegean Sealines Maritime Co agreed to acquire M/S Rosella from Viking Line Abp (HLSE:VIK1V) for €11.3 million.

Viking Line Abp (HLSE:VIK1V) acquired 17.1 % stake in Rederiaktiebolaget Eckero AB for approximately EUR 10.3 million.

High number of new directors

Viking Line Abp Provides Earnings Guidance for the Year 2022

Third quarter 2022 earnings released: EPS: €1.12 (vs €1.86 in 3Q 2021)

Second quarter 2022 earnings released: EPS: €0.37 (vs €0.79 in 2Q 2021)

Full year 2021 earnings released: EPS: €1.74 (vs €3.92 loss in FY 2020)

High number of new directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Viking Line Abp to Report Fiscal Year 2022 Final Results on Feb 17, 2023

Investor sentiment deteriorated over the past week

Viking Line Abp's (HEL:VIK1V) Profits Appear To Have Quality Issues

Third quarter 2021 earnings released: EPS €1.86 (vs €0.66 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS €0.91 (vs €0.46 loss in 2Q 2020)

Viking Line Abp Provides Earnings Guidance for the Year 2021

High number of new directors

Viking Line ABP Announces Not to Provide Earnings Guidance for the Year of 2021

Viking Line ABP to Report Fiscal Year 2021 Results on Feb 18, 2022

Do Insiders Own Lots Of Shares In Viking Line ABP (HEL:VIK1V)?

Viking Announces the Launch of Viking Glory

Viking Line ABP (HEL:VIK1V) Has Debt But No Earnings; Should You Worry?

Viking Line ABP to Report Q1, 2021 Results on Apr 30, 2021

A Look At Viking Line ABP's (HEL:VIK1V) Share Price Returns

New 90-day low: €15.30

Third quarter earnings released

Earnings released

New 90-day low - €15.70

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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