Viking Line Abp

HLSE:VIK1V Stock Report

Market Cap: €356.0m

Viking Line Abp Balance Sheet Health

Financial Health criteria checks 4/6

Viking Line Abp has a total shareholder equity of €318.0M and total debt of €159.9M, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are €619.5M and €301.5M respectively. Viking Line Abp's EBIT is €26.9M making its interest coverage ratio 2.4. It has cash and short-term investments of €61.1M.

Key information

50.3%

Debt to equity ratio

€159.90m

Debt

Interest coverage ratio2.4x
Cash€61.10m
Equity€318.00m
Total liabilities€301.50m
Total assets€619.50m

Recent financial health updates

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

Apr 05
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?

Dec 31
Viking Line ABP (HEL:VIK1V) Has Debt But No Earnings; Should You Worry?

Recent updates

Weak Statutory Earnings May Not Tell The Whole Story For Viking Line Abp (HEL:VIK1V)

Nov 02
Weak Statutory Earnings May Not Tell The Whole Story For Viking Line Abp (HEL:VIK1V)

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

Mar 28
Viking Line Abp (HEL:VIK1V) Has Announced That It Will Be Increasing Its Dividend To €1.00

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

Feb 19
Viking Line Abp (HEL:VIK1V) Is Paying Out A Larger Dividend Than Last Year

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

Sep 27
With EPS Growth And More, Viking Line Abp (HEL:VIK1V) Makes An Interesting Case

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

Aug 25
Viking Line Abp (HEL:VIK1V) Shareholders Will Want The ROCE Trajectory To Continue

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

Apr 05
We Think Viking Line Abp (HEL:VIK1V) Is Taking Some Risk With Its Debt

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

Nov 04
Viking Line Abp's (HEL:VIK1V) Profits Appear To Have Quality Issues

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

Feb 04
Do Insiders Own Lots Of Shares In Viking Line ABP (HEL:VIK1V)?

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

Dec 31
Viking Line ABP (HEL:VIK1V) Has Debt But No Earnings; Should You Worry?

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

Nov 27
A Look At Viking Line ABP's (HEL:VIK1V) Share Price Returns

Financial Position Analysis

Short Term Liabilities: VIK1V's short term assets (€125.8M) exceed its short term liabilities (€121.6M).

Long Term Liabilities: VIK1V's short term assets (€125.8M) do not cover its long term liabilities (€179.9M).

Debt to Equity History and Analysis

Debt Level: VIK1V's net debt to equity ratio (31.1%) is considered satisfactory.

Reducing Debt: VIK1V's debt to equity ratio has reduced from 53.5% to 50.3% over the past 5 years.

Debt Coverage: VIK1V's debt is well covered by operating cash flow (32.1%).

Interest Coverage: VIK1V's interest payments on its debt are not well covered by EBIT (2.4x coverage).

Balance Sheet

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