VEF Balance Sheet Health
Financial Health criteria checks 3/6
VEF has a total shareholder equity of $436.6M and total debt of $36.9M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are $475.0M and $38.4M respectively.
Key information
8.5%
Debt to equity ratio
US$36.94m
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.82m |
| Equity | US$436.56m |
| Total liabilities | US$38.41m |
| Total assets | US$474.97m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: VEFABS's short term assets ($12.2M) exceed its short term liabilities ($1.5M).
Long Term Liabilities: VEFABS's short term assets ($12.2M) do not cover its long term liabilities ($36.9M).
Debt to Equity History and Analysis
Debt Level: VEFABS's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: VEFABS's debt to equity ratio has increased from 0% to 8.5% over the past 5 years.
Debt Coverage: VEFABS's debt is well covered by operating cash flow (49.3%).
Interest Coverage: Insufficient data to determine if VEFABS's interest payments on its debt are well covered by EBIT.