VERBUND Balance Sheet Health
Financial Health criteria checks 5/6
VERBUND has a total shareholder equity of €12.0B and total debt of €2.0B, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are €20.2B and €8.2B respectively. VERBUND's EBIT is €3.8B making its interest coverage ratio 100.6. It has cash and short-term investments of €1.5B.
Key information
16.6%
Debt to equity ratio
€1.99b
Debt
Interest coverage ratio | 100.6x |
Cash | €1.48b |
Equity | €12.01b |
Total liabilities | €8.18b |
Total assets | €20.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VERV's short term assets (€4.1B) exceed its short term liabilities (€3.0B).
Long Term Liabilities: VERV's short term assets (€4.1B) do not cover its long term liabilities (€5.2B).
Debt to Equity History and Analysis
Debt Level: VERV's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: VERV's debt to equity ratio has reduced from 35.3% to 16.6% over the past 5 years.
Debt Coverage: VERV's debt is well covered by operating cash flow (233.2%).
Interest Coverage: VERV's interest payments on its debt are well covered by EBIT (100.6x coverage).