Virgin Money UK Balance Sheet Health
Financial Health criteria checks 5/6
Virgin Money UK has total assets of £91.8B and total equity of £5.6B. Total deposits are £66.7B, and total loans are £72.2B earning a Net Interest Margin of 1.9%. It has insufficient allowance for bad loans, which are currently at 1.5% of total loans. Cash and short-term investments are £1.7B.
Key information
16.4x
Asset to equity ratio
1.9%
Net interest margin
Total deposits | UK£66.69b |
Loan to deposit ratio | Appropriate |
Bad loans | 1.5% |
Allowance for bad loans | Low |
Current ratio | Low |
Cash & equivalents | UK£1.69b |
Recent financial health updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Virgin Money UK (LON:VMUK) Passed With Ease
Feb 20Results: Virgin Money UK PLC Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 27Breakeven Is Near for Virgin Money UK PLC (LON:VMUK)
May 13This Insider Has Just Sold Shares In Virgin Money UK PLC (LON:VMUK)
Mar 09Trade Alert: The Group Human Resources Director Of Virgin Money UK PLC (LON:VMUK), Kate Guthrie, Has Sold Some Shares Recently
Feb 18What Kind Of Investors Own Most Of Virgin Money UK PLC (LON:VMUK)?
Feb 16Virgin Money UK PLC's (LON:VMUK) Has Found A Path To Profitability
Jan 12Virgin Money UK's (LON:VMUK) Stock Price Has Reduced 61% In The Past Three Years
Dec 08Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: VMUK's Assets to Equity ratio (16.4x) is moderate.
Allowance for Bad Loans: VMUK has a low allowance for bad loans (57%).
Low Risk Liabilities: 77% of VMUK's liabilities are made up of primarily low risk sources of funding.
Loan Level: VMUK has an appropriate level of Loans to Assets ratio (79%).
Low Risk Deposits: VMUK's Loans to Deposits ratio (108%) is appropriate.
Level of Bad Loans: VMUK has an appropriate level of bad loans (1.5%).