Vedan International (Holdings) Balance Sheet Health

Financial Health criteria checks 5/6

Vedan International (Holdings) has a total shareholder equity of $299.2M and total debt of $45.6M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are $379.9M and $80.7M respectively. Vedan International (Holdings)'s EBIT is $24.1M making its interest coverage ratio 31.3. It has cash and short-term investments of $46.6M.

Key information

15.2%

Debt to equity ratio

US$45.58m

Debt

Interest coverage ratio	31.3x
Cash	US$46.56m
Equity	US$299.23m
Total liabilities	US$80.71m
Total assets	US$379.95m

Recent financial health updates

Is Vedan International (Holdings) (HKG:2317) Using Too Much Debt?

Aug 24

Vedan International (Holdings) (HKG:2317) Has A Somewhat Strained Balance Sheet

Sep 24

We Think Vedan International (Holdings) (HKG:2317) Can Manage Its Debt With Ease

Apr 19

Vedan International (Holdings) (HKG:2317) Has A Pretty Healthy Balance Sheet

Dec 24

Recent updates

Revenues Not Telling The Story For Vedan International (Holdings) Limited (HKG:2317)

Aug 16

Vedan International (Holdings) (HKG:2317) Is Finding It Tricky To Allocate Its Capital

Jul 12

Returns On Capital Are Showing Encouraging Signs At Vedan International (Holdings) (HKG:2317)

May 16

We Think Vedan International (Holdings) (HKG:2317) Can Manage Its Debt With Ease

Apr 19

Is There More Growth In Store For Vedan International (Holdings)'s (HKG:2317) Returns On Capital?

Feb 15

Does Vedan International (Holdings)'s (HKG:2317) Statutory Profit Adequately Reflect Its Underlying Profit?

Jan 19

Vedan International (Holdings) (HKG:2317) Has A Pretty Healthy Balance Sheet

Dec 24

Does Vedan International (Holdings)'s (HKG:2317) CEO Salary Compare Well With Industry Peers?

Dec 06

Did You Participate In Any Of Vedan International (Holdings)'s (HKG:2317) Fantastic 139% Return ?

Nov 18

Financial Position Analysis

Short Term Liabilities: 2317's short term assets ($239.1M) exceed its short term liabilities ($75.3M).

Long Term Liabilities: 2317's short term assets ($239.1M) exceed its long term liabilities ($5.4M).

Debt to Equity History and Analysis

Debt Level: 2317 has more cash than its total debt.

Reducing Debt: 2317's debt to equity ratio has increased from 13.1% to 15.2% over the past 5 years.

Debt Coverage: 2317's debt is well covered by operating cash flow (75%).

Interest Coverage: 2317's interest payments on its debt are well covered by EBIT (31.3x coverage).

Vedan International (Holdings) Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Is Vedan International (Holdings) (HKG:2317) Using Too Much Debt?

Vedan International (Holdings) (HKG:2317) Has A Somewhat Strained Balance Sheet

We Think Vedan International (Holdings) (HKG:2317) Can Manage Its Debt With Ease

Vedan International (Holdings) (HKG:2317) Has A Pretty Healthy Balance Sheet

Recent updates

Upcoming dividend of HK$0.021 per share

First half 2024 earnings released: EPS: US$0.005 (vs US$0.001 loss in 1H 2023)

First half dividend of HK$0.021 announced

New minor risk - Market cap size

Vedan International (Holdings) Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 04 October 2024

Revenues Not Telling The Story For Vedan International (Holdings) Limited (HKG:2317)

Now 21% undervalued

Vedan International (Holdings) Limited to Report First Half, 2024 Results on Aug 20, 2024

Vedan International (Holdings) (HKG:2317) Is Finding It Tricky To Allocate Its Capital

Vedan International (Holdings) Limited Approves Final Dividend for the Year Ended December 31, 2023, Payable on June 11, 2024

Upcoming dividend of HK$0.018 per share

New minor risk - Market cap size

Now 23% undervalued after recent price drop

Upcoming dividend of HK$0.018 per share

Full year 2023 earnings released: EPS: US$0.005 (vs US$0.003 loss in FY 2022)

Vedan International (Holdings) Limited, Annual General Meeting, May 21, 2024

Vedan International (Holdings) Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 11 June 2024

Full year 2023 earnings released: EPS: US$0.005 (vs US$0.003 loss in FY 2022)

Now 21% undervalued

Vedan International (Holdings) Limited to Report Fiscal Year 2023 Results on Mar 19, 2024

New minor risk - Share price stability

Now 30% undervalued

First half 2023 earnings released: US$0.001 loss per share (vs US$0 in 1H 2022)

Upcoming dividend of HK$0.018 per share at 8.3% yield

Is Vedan International (Holdings) (HKG:2317) Using Too Much Debt?

Vedan International (Holdings) Limited Announces Ordinary Semi-Annual Dividend for the Six Months Ended 30 June 2023, Payable on 05 October 2023

First half 2023 earnings released: US$0.001 loss per share (vs US$0 in 1H 2022)

Vedan International (Holdings) Limited to Report First Half, 2023 Results on Aug 22, 2023

Full year 2022 earnings released: US$0.003 loss per share (vs US$0.007 profit in FY 2021)

Less than half of directors are independent

Vedan International (Holdings) (HKG:2317) Has A Somewhat Strained Balance Sheet

Vedan International (Holdings) Limited Does Not Recommend Interim Dividend in Respect of the Six Months Ended 30 June 2022

First half 2022 earnings released: EPS: US$0 (vs US$0.007 in 1H 2021)

Vedan International (Holdings) Limited to Report First Half, 2022 Results on Aug 23, 2022

Now 26% undervalued

Calculating The Fair Value Of Vedan International (Holdings) Limited (HKG:2317)

Vedan International (Holdings) Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2022

Vedan International (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2021, Payable on June 14, 2022

Vedan International (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2021, Payable on June 14, 2022

Upcoming dividend of HK$0.013 per share

Less than half of directors are independent

Vedan International (Holdings) Limited Provides Group Earnings Guidance for the Ten Months Ended October 31, 2021

Upcoming dividend of HK$0.021 per share

First half 2021 earnings released: EPS US$0.007 (vs US$0.004 in 1H 2020)

Vedan International (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2020

Returns On Capital Are Showing Encouraging Signs At Vedan International (Holdings) (HKG:2317)

We Think Vedan International (Holdings) (HKG:2317) Can Manage Its Debt With Ease

Full year 2020 earnings released: EPS US$0.011 (vs US$0.01 in FY 2019)

Full year 2020 earnings released: EPS US$0.011 (vs US$0.01 in FY 2019)

Vedan International (Holdings) Limited to Report Fiscal Year 2020 Results on Mar 23, 2021

New 90-day high: HK$0.79

Is There More Growth In Store For Vedan International (Holdings)'s (HKG:2317) Returns On Capital?

Does Vedan International (Holdings)'s (HKG:2317) Statutory Profit Adequately Reflect Its Underlying Profit?

Vedan International (Holdings) (HKG:2317) Has A Pretty Healthy Balance Sheet

Does Vedan International (Holdings)'s (HKG:2317) CEO Salary Compare Well With Industry Peers?

New 90-day high: HK$0.80

Did You Participate In Any Of Vedan International (Holdings)'s (HKG:2317) Fantastic 139% Return ?

New 90-day low: HK$0.70

First half earnings released

Upcoming Dividend of HK$0.015 Per Share

Earnings released

Vedan International (Holdings) Limited to Report First Half, 2020 Results on Aug 25, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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