Volex Balance Sheet Health
Financial Health criteria checks 4/6
Volex has a total shareholder equity of $352.6M and total debt of $169.6M, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are $917.6M and $565.0M respectively. Volex's EBIT is $80.1M making its interest coverage ratio 3.7. It has cash and short-term investments of $18.4M.
Key information
48.1%
Debt to equity ratio
US$169.60m
Debt
| Interest coverage ratio | 3.7x |
| Cash | US$18.40m |
| Equity | US$352.60m |
| Total liabilities | US$565.00m |
| Total assets | US$917.60m |
Recent financial health updates
We Think Volex (LON:VLX) Can Stay On Top Of Its Debt
Feb 22
Is Volex (LON:VLX) A Risky Investment?
Aug 15We Think Volex (LON:VLX) Can Stay On Top Of Its Debt
Dec 25
Recent updates
Volex (LON:VLX) Will Pay A Dividend Of $0.015
Nov 18Volex plc's (LON:VLX) Intrinsic Value Is Potentially 24% Below Its Share Price
Nov 16We Think That There Are Some Issues For Volex (LON:VLX) Beyond Its Promising Earnings
Jul 05Volex's (LON:VLX) Upcoming Dividend Will Be Larger Than Last Year's
Jun 29Volex plc (LON:VLX) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
May 10Is Now The Time To Put Volex (LON:VLX) On Your Watchlist?
Apr 19We Think Volex (LON:VLX) Can Stay On Top Of Its Debt
Feb 22At UK£2.88, Is It Time To Put Volex plc (LON:VLX) On Your Watch List?
Oct 10Is Volex (LON:VLX) A Risky Investment?
Aug 15Volex (LON:VLX) Is Increasing Its Dividend To $0.026
Jun 25Volex (LON:VLX) Is Paying Out A Larger Dividend Than Last Year
Nov 13Is There Now An Opportunity In Volex plc (LON:VLX)?
Oct 07A Look At The Intrinsic Value Of Volex plc (LON:VLX)
May 10Is Now The Time To Put Volex (LON:VLX) On Your Watchlist?
Apr 21At UK£2.45, Is It Time To Put Volex plc (LON:VLX) On Your Watch List?
Mar 07Are Volex plc (LON:VLX) Investors Paying Above The Intrinsic Value?
Jan 09Here's Why I Think Volex (LON:VLX) Might Deserve Your Attention Today
Nov 29Volex (LON:VLX) Will Pay A Larger Dividend Than Last Year At UK£0.012
Nov 14If You Like EPS Growth Then Check Out Volex (LON:VLX) Before It's Too Late
Aug 28Volex (LON:VLX) Has Announced That It Will Be Increasing Its Dividend To UK£0.022
Jul 14What Does Volex plc's (LON:VLX) Share Price Indicate?
May 13Here's Why We Think Volex (LON:VLX) Is Well Worth Watching
Apr 07How Many Volex plc (LON:VLX) Shares Did Insiders Buy, In The Last Year?
Mar 10Volex plc (LON:VLX) Shares Could Be 32% Above Their Intrinsic Value Estimate
Feb 24The Case For Volex plc (LON:VLX): Could It Be A Nice Addition To Your Dividend Portfolio?
Jan 27Do Insiders Own Lots Of Shares In Volex plc (LON:VLX)?
Jan 15If You Like EPS Growth Then Check Out Volex (LON:VLX) Before It's Too Late
Jan 05We Think Volex (LON:VLX) Can Stay On Top Of Its Debt
Dec 25Should You Rely On Volex's (LON:VLX) Earnings Growth?
Dec 15At UK£2.75, Is Volex plc (LON:VLX) Worth Looking At Closely?
Dec 03Insider Buying: The Volex plc (LON:VLX) Executive Chairman Just Bought US$253k Worth Of Shares
Nov 21Financial Position Analysis
Short Term Liabilities: VLX's short term assets ($459.9M) exceed its short term liabilities ($300.5M).
Long Term Liabilities: VLX's short term assets ($459.9M) exceed its long term liabilities ($264.5M).
Debt to Equity History and Analysis
Debt Level: VLX's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: VLX's debt to equity ratio has increased from 7.9% to 48.1% over the past 5 years.
Debt Coverage: VLX's debt is well covered by operating cash flow (38.6%).
Interest Coverage: VLX's interest payments on its debt are well covered by EBIT (3.7x coverage).