Volvere Balance Sheet Health
Financial Health criteria checks 6/6
Volvere has a total shareholder equity of £38.6M and total debt of £758.0K, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are £47.2M and £8.7M respectively. Volvere's EBIT is £4.5M making its interest coverage ratio -5. It has cash and short-term investments of £24.3M.
Key information
2.0%
Debt to equity ratio
UK£758.00k
Debt
| Interest coverage ratio | -5x |
| Cash | UK£24.31m |
| Equity | UK£38.58m |
| Total liabilities | UK£8.65m |
| Total assets | UK£47.23m |
Financial Position Analysis
Short Term Liabilities: VLE's short term assets (£39.3M) exceed its short term liabilities (£6.7M).
Long Term Liabilities: VLE's short term assets (£39.3M) exceed its long term liabilities (£2.0M).
Debt to Equity History and Analysis
Debt Level: VLE has more cash than its total debt.
Reducing Debt: VLE's debt to equity ratio has reduced from 7.3% to 2% over the past 5 years.
Debt Coverage: VLE's debt is well covered by operating cash flow (430.3%).
Interest Coverage: VLE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:40 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Volvere plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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