Vp Balance Sheet Health

Financial Health criteria checks 3/6

Vp has a total shareholder equity of £177.8M and total debt of £142.6M, which brings its debt-to-equity ratio to 80.2%. Its total assets and total liabilities are £471.8M and £293.9M respectively. Vp's EBIT is £43.4M making its interest coverage ratio 11.1. It has cash and short-term investments of £9.2M.

Key information

80.2%

Debt to equity ratio

UK£142.60m

Debt

Interest coverage ratio	11.1x
Cash	UK£9.21m
Equity	UK£177.84m
Total liabilities	UK£293.93m
Total assets	UK£471.77m

Recent financial health updates

Is Vp (LON:VP.) Using Too Much Debt?

Mar 23

Here's Why Vp (LON:VP.) Has A Meaningful Debt Burden

Dec 22

Recent updates

Financial Position Analysis

Short Term Liabilities: VP.'s short term assets (£102.8M) do not cover its short term liabilities (£136.0M).

Long Term Liabilities: VP.'s short term assets (£102.8M) do not cover its long term liabilities (£157.9M).

Debt to Equity History and Analysis

Debt Level: VP.'s net debt to equity ratio (75%) is considered high.

Reducing Debt: VP.'s debt to equity ratio has reduced from 121% to 80.2% over the past 5 years.

Debt Coverage: VP.'s debt is well covered by operating cash flow (58.8%).

Interest Coverage: VP.'s interest payments on its debt are well covered by EBIT (11.1x coverage).

Vp Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Is Vp (LON:VP.) Using Too Much Debt?

Here's Why Vp (LON:VP.) Has A Meaningful Debt Burden

Recent updates

At UK£6.30, Is It Time To Put Vp plc (LON:VP.) On Your Watch List?

New minor risk - Share price stability

Now 20% undervalued after recent price drop

Now 23% undervalued after recent price drop

Now 22% undervalued after recent price drop

Now 24% undervalued after recent price drop

Now 21% undervalued

Now 25% undervalued

Consensus EPS estimates fall by 17%

First half 2024 earnings released: EPS: UK£0.36 (vs UK£0.34 in 1H 2023)

Vp plc Declares Interim Dividend for the Six Months Ended 30 September 2023, Payable on 10 January 2024

Vp plc Declares Interim Dividend for the Six Months Ended 30 September 2023, Payable on 10 January 2024

Now 21% undervalued

Investor sentiment improves as stock rises 20%

Vp Plc, Appoints Keith Winstanley as Chief Financial Officer, Effective in January 2024

Vp plc to Report First Half, 2024 Results on Nov 28, 2023

Now 22% undervalued after recent price drop

VP plc Announces Changes in Chief Executive Officer

Vp plc, Annual General Meeting, Jul 20, 2023

Upcoming dividend of UK£0.27 per share at 5.8% yield

Vp (LON:VP.) Is Paying Out A Larger Dividend Than Last Year

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Vp plc to Report Fiscal Year 2023 Results on Jun 07, 2023

Vp (LON:VP.) Is Paying Out A Larger Dividend Than Last Year

Price target decreased to UK£9.93

First half 2023 earnings released: EPS: UK£0.34 (vs UK£0.34 in 1H 2022)

Vp plc Declares an Interim Dividend, Payable on 11 January 2023

Less than half of directors are independent

Price target decreased to UK£10.68

Vp plc to Report First Half, 2023 Results on Nov 29, 2022

Is There Now An Opportunity In Vp plc (LON:VP.)?

Upcoming dividend of UK£0.26 per share

Full year 2022 earnings: Revenues miss analyst expectations

Vp plc, Annual General Meeting, Jul 21, 2022

Investor sentiment improved over the past week

The Returns At Vp (LON:VP.) Aren't Growing

Less than half of directors are independent

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Should Shareholders Reconsider Vp plc's (LON:VP.) CEO Compensation Package?

Full year 2021 earnings released: UK£0.12 loss per share (vs UK£0.47 profit in FY 2020)

Price target increased to UK£11.20

Vp plc(LSE:VP.) dropped from FTSE All-Share Index (GBP)

Upcoming dividend of UK£0.25 per share

Full year 2021 earnings released

Be Wary Of Vp (LON:VP.) And Its Returns On Capital

Is Vp (LON:VP.) Using Too Much Debt?

New 90-day high: UK£8.50

How Does Vp's (LON:VP.) CEO Salary Compare to Peers?

Chief Executive exercised options and sold UK£960k worth of stock

New 90-day high: UK£8.00

We're Watching These Trends At Vp (LON:VP.)

Here's Why Vp (LON:VP.) Has A Meaningful Debt Burden

Upcoming Dividend of UK£0.22 Per Share

Should You Use Vp's (LON:VP.) Statutory Earnings To Analyse It?

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day low: UK£6.04

New 90-day low - UK£6.20

Price target raised to UK£9.00

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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