Vodafone Group Balance Sheet Health
Financial Health criteria checks 1/6
Vodafone Group has a total shareholder equity of €61.6B and total debt of €54.3B, which brings its debt-to-equity ratio to 88.2%. Its total assets and total liabilities are €148.1B and €86.5B respectively. Vodafone Group's EBIT is €3.5B making its interest coverage ratio 2.2. It has cash and short-term investments of €13.1B.
Debt to equity ratio
|Interest coverage ratio
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VOD's short term assets (€25.8B) do not cover its short term liabilities (€29.0B).
Long Term Liabilities: VOD's short term assets (€25.8B) do not cover its long term liabilities (€57.5B).
Debt to Equity History and Analysis
Debt Level: VOD's net debt to equity ratio (67%) is considered high.
Reducing Debt: VOD's debt to equity ratio has increased from 81.5% to 88.2% over the past 5 years.
Debt Coverage: VOD's debt is well covered by operating cash flow (31.9%).
Interest Coverage: VOD's interest payments on its debt are not well covered by EBIT (2.2x coverage).