Vanquis Banking Group Balance Sheet Health
Financial Health criteria checks 2/6
Vanquis Banking Group has a total shareholder equity of £529.7M and total debt of £2.5B, which brings its debt-to-equity ratio to 462.8%. Its total assets and total liabilities are £3.1B and £2.6B respectively.
Key information
462.8%
Debt to equity ratio
UK£2.45b
Debt
| Interest coverage ratio | n/a |
| Cash | UK£779.00m |
| Equity | UK£529.70m |
| Total liabilities | UK£2.56b |
| Total assets | UK£3.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VANQL's short term assets (£2.9B) exceed its short term liabilities (£61.1M).
Long Term Liabilities: VANQL's short term assets (£2.9B) exceed its long term liabilities (£2.5B).
Debt to Equity History and Analysis
Debt Level: VANQL's net debt to equity ratio (315.7%) is considered high.
Reducing Debt: VANQL's debt to equity ratio has increased from 308.2% to 462.8% over the past 5 years.
Debt Coverage: VANQL's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: Insufficient data to determine if VANQL's interest payments on its debt are well covered by EBIT.