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Virgin Money UK Balance Sheet Health
Financial Health criteria checks 5/6
Virgin Money UK has total assets of £93.0B and total equity of £5.7B. Total deposits are £68.7B, and total loans are £72.3B earning a Net Interest Margin of 1.9%. It has insufficient allowance for bad loans, which are currently at 1.6% of total loans. Cash and short-term investments are £13.4B.
Key information
16.4x
Asset to equity ratio
1.9%
Net interest margin
| Total deposits | UK£68.72b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.6% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | UK£13.40b |
Recent financial health updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: VMUKL's Assets to Equity ratio (16.4x) is moderate.
Allowance for Bad Loans: VMUKL has a low allowance for bad loans (53%).
Low Risk Liabilities: 79% of VMUKL's liabilities are made up of primarily low risk sources of funding.
Loan Level: VMUKL has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: VMUKL's Loans to Deposits ratio (105%) is appropriate.
Level of Bad Loans: VMUKL has an appropriate level of bad loans (1.6%).