Victoria Balance Sheet Health
Financial Health criteria checks 3/6
Victoria has a total shareholder equity of £82.8M and total debt of £1.1B, which brings its debt-to-equity ratio to 1296.6%. Its total assets and total liabilities are £1.8B and £1.7B respectively. Victoria's EBIT is £88.3M making its interest coverage ratio 2.4. It has cash and short-term investments of £92.7M.
Key information
1,296.6%
Debt to equity ratio
UK£1.07b
Debt
| Interest coverage ratio | 2.4x |
| Cash | UK£92.70m |
| Equity | UK£82.80m |
| Total liabilities | UK£1.73b |
| Total assets | UK£1.82b |
Recent financial health updates
Is Victoria (LON:VCP) Using Too Much Debt?
Jan 05
These 4 Measures Indicate That Victoria (LON:VCP) Is Using Debt In A Risky Way
Mar 01These 4 Measures Indicate That Victoria (LON:VCP) Is Using Debt Extensively
Jul 20Here's Why Victoria (LON:VCP) Has A Meaningful Debt Burden
Nov 30Recent updates
Is Victoria PLC (LON:VCP) Trading At A 20% Discount?
Apr 07A Piece Of The Puzzle Missing From Victoria PLC's (LON:VCP) Share Price
Feb 21Victoria (LON:VCP) Is Experiencing Growth In Returns On Capital
Jan 24Is Victoria (LON:VCP) Using Too Much Debt?
Jan 05When Should You Buy Victoria PLC (LON:VCP)?
Dec 15Victoria PLC (LON:VCP) Shares Could Be 37% Below Their Intrinsic Value Estimate
Nov 23A Look At The Fair Value Of Victoria PLC (LON:VCP)
Aug 23Returns On Capital At Victoria (LON:VCP) Paint A Concerning Picture
Jul 24When Should You Buy Victoria PLC (LON:VCP)?
May 22These 4 Measures Indicate That Victoria (LON:VCP) Is Using Debt In A Risky Way
Mar 01Victoria (LON:VCP) Might Be Having Difficulty Using Its Capital Effectively
Feb 11Here's Why Victoria (LON:VCP) Has Caught The Eye Of Investors
Jan 26Is Victoria PLC (LON:VCP) Expensive For A Reason? A Look At Its Intrinsic Value
Jan 11At UK£5.20, Is Victoria PLC (LON:VCP) Worth Looking At Closely?
Dec 24Victoria (LON:VCP) Could Be Struggling To Allocate Capital
Nov 09Should You Investigate Victoria PLC (LON:VCP) At UK£4.80?
Sep 10An Intrinsic Calculation For Victoria PLC (LON:VCP) Suggests It's 48% Undervalued
Aug 20These 4 Measures Indicate That Victoria (LON:VCP) Is Using Debt Extensively
Jul 20When Should You Buy Victoria plc (LON:VCP)?
Jun 03Is There An Opportunity With Victoria plc's (LON:VCP) 28% Undervaluation?
Apr 28Estimating The Intrinsic Value Of Victoria plc (LON:VCP)
Jan 06Here's Why Victoria (LON:VCP) Has A Meaningful Debt Burden
Nov 30Victoria (LON:VCP) Might Be Having Difficulty Using Its Capital Effectively
Oct 27Shareholders Will Be Pleased With The Quality of Victoria's (LON:VCP) Earnings
Jul 28Should You Review Recent Insider Transactions At Victoria plc (LON:VCP)?
Feb 16Financial Position Analysis
Short Term Liabilities: VCP's short term assets (£750.3M) exceed its short term liabilities (£469.3M).
Long Term Liabilities: VCP's short term assets (£750.3M) do not cover its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: VCP's net debt to equity ratio (1184.7%) is considered high.
Reducing Debt: VCP's debt to equity ratio has increased from 126.1% to 1296.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VCP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VCP is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.4% per year.