Videndum Balance Sheet Health
Financial Health criteria checks 4/6
Videndum has a total shareholder equity of £237.5M and total debt of £103.2M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are £451.3M and £213.8M respectively. Videndum's EBIT is £7.9M making its interest coverage ratio 0.5. It has cash and short-term investments of £8.7M.
Key information
43.5%
Debt to equity ratio
UK£103.20m
Debt
| Interest coverage ratio | 0.5x |
| Cash | UK£8.70m |
| Equity | UK£237.50m |
| Total liabilities | UK£213.80m |
| Total assets | UK£451.30m |
Recent financial health updates
Videndum (LON:VID) Has A Somewhat Strained Balance Sheet
Sep 28
Vitec Group (LON:VTC) Has A Somewhat Strained Balance Sheet
Apr 06Recent updates
Optimistic Investors Push Videndum Plc (LON:VID) Shares Up 26% But Growth Is Lacking
Dec 20Videndum (LON:VID) Is Reinvesting At Lower Rates Of Return
Nov 17Videndum (LON:VID) Has A Somewhat Strained Balance Sheet
Sep 28Should You Investigate Videndum Plc (LON:VID) At UK£5.60?
Sep 06An Intrinsic Calculation For Videndum Plc (LON:VID) Suggests It's 50% Undervalued
Aug 09Is Now The Time To Look At Buying Videndum Plc (LON:VID)?
May 03Videndum's (LON:VID) Dividend Will Be Increased To £0.25
Apr 05Videndum (LON:VID) May Have Issues Allocating Its Capital
Feb 22Videndum Plc (LON:VID) Shares Could Be 28% Below Their Intrinsic Value Estimate
Jan 05Is Videndum Plc (LON:VID) Potentially Undervalued?
Nov 05Videndum Plc (LON:VID) Shares Could Be 44% Below Their Intrinsic Value Estimate
Sep 27Videndum (LON:VID) Could Be Struggling To Allocate Capital
Aug 02Is It Too Late To Consider Buying Videndum Plc (LON:VID)?
Jun 09Returns On Capital At Vitec Group (LON:VTC) Paint A Concerning Picture
Feb 25The Strong Earnings Posted By Vitec Group (LON:VTC) Are A Good Indication Of The Strength Of The Business
Aug 20Vitec Group (LON:VTC) Is Finding It Tricky To Allocate Its Capital
Aug 06Estimating The Fair Value Of The Vitec Group plc (LON:VTC)
Jun 27Is There Now An Opportunity In The Vitec Group plc (LON:VTC)?
May 17This Is Why The Vitec Group plc's (LON:VTC) CEO Compensation Looks Appropriate
Apr 29Vitec Group (LON:VTC) Has A Somewhat Strained Balance Sheet
Apr 06Is Vitec Group (LON:VTC) Headed For Trouble?
Mar 16Financial Position Analysis
Short Term Liabilities: VID's short term assets (£172.1M) exceed its short term liabilities (£70.3M).
Long Term Liabilities: VID's short term assets (£172.1M) exceed its long term liabilities (£143.5M).
Debt to Equity History and Analysis
Debt Level: VID's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: VID's debt to equity ratio has reduced from 60.7% to 43.5% over the past 5 years.
Debt Coverage: VID's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VID's interest payments on its debt are not well covered by EBIT (0.5x coverage).