Venture Life Group Financial Health
How is Venture Life Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: VLG's short term assets (£29.5M) exceed its short term liabilities (£12.2M).
Long Term Liabilities: VLG's short term assets (£29.5M) exceed its long term liabilities (£19.8M).
Debt to Equity History and Analysis
Debt Level: VLG's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: VLG's debt to equity ratio has reduced from 50.7% to 11.5% over the past 5 years.
Debt Coverage: VLG's debt is well covered by operating cash flow (35%).
Interest Coverage: VLG's interest payments on its debt are well covered by EBIT (3.4x coverage).