Vallourec Balance Sheet Health
Financial Health criteria checks 6/6
Vallourec has a total shareholder equity of €2.4B and total debt of €1.1B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are €5.3B and €2.9B respectively. Vallourec's EBIT is €742.9M making its interest coverage ratio 33.5. It has cash and short-term investments of €719.8M.
Key information
45.3%
Debt to equity ratio
€1.08b
Debt
| Interest coverage ratio | 33.5x |
| Cash | €719.79m |
| Equity | €2.39b |
| Total liabilities | €2.94b |
| Total assets | €5.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VKP's short term assets (€3.0B) exceed its short term liabilities (€1.7B).
Long Term Liabilities: VKP's short term assets (€3.0B) exceed its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: VKP's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: VKP's debt to equity ratio has reduced from 131.4% to 45.3% over the past 5 years.
Debt Coverage: VKP's debt is well covered by operating cash flow (48.6%).
Interest Coverage: VKP's interest payments on its debt are well covered by EBIT (33.5x coverage).