Vallourec Balance Sheet Health
Financial Health criteria checks 6/6
Vallourec has a total shareholder equity of €2.2B and total debt of €1.5B, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are €5.7B and €3.5B respectively. Vallourec's EBIT is €988.3M making its interest coverage ratio 10.3. It has cash and short-term investments of €912.2M.
Key information
66.1%
Debt to equity ratio
€1.47b
Debt
Interest coverage ratio | 10.3x |
Cash | €912.23m |
Equity | €2.22b |
Total liabilities | €3.49b |
Total assets | €5.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NR2's short term assets (€3.2B) exceed its short term liabilities (€1.6B).
Long Term Liabilities: 0NR2's short term assets (€3.2B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: 0NR2's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 0NR2's debt to equity ratio has reduced from 122.2% to 66.1% over the past 5 years.
Debt Coverage: 0NR2's debt is well covered by operating cash flow (48.3%).
Interest Coverage: 0NR2's interest payments on its debt are well covered by EBIT (10.3x coverage).