VGP Balance Sheet Health
Financial Health criteria checks 3/6
VGP has a total shareholder equity of €2.3B and total debt of €2.1B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are €4.6B and €2.3B respectively. VGP's EBIT is €133.4M making its interest coverage ratio -13.2. It has cash and short-term investments of €625.0M.
Key information
93.9%
Debt to equity ratio
€2.12b
Debt
| Interest coverage ratio | -13.2x |
| Cash | €625.02m |
| Equity | €2.25b |
| Total liabilities | €2.31b |
| Total assets | €4.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HM0's short term assets (€945.5M) exceed its short term liabilities (€306.7M).
Long Term Liabilities: 0HM0's short term assets (€945.5M) do not cover its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: 0HM0's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: 0HM0's debt to equity ratio has reduced from 101.3% to 93.9% over the past 5 years.
Debt Coverage: 0HM0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0HM0 earns more interest than it pays, so coverage of interest payments is not a concern.