Veridis Environment Balance Sheet Health
Financial Health criteria checks 0/6
Veridis Environment has a total shareholder equity of ₪1.8B and total debt of ₪2.5B, which brings its debt-to-equity ratio to 139.3%. Its total assets and total liabilities are ₪5.7B and ₪3.8B respectively. Veridis Environment's EBIT is ₪58.9M making its interest coverage ratio 0.3. It has cash and short-term investments of ₪71.8M.
Key information
139.3%
Debt to equity ratio
₪2.55b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₪71.77m |
| Equity | ₪1.83b |
| Total liabilities | ₪3.85b |
| Total assets | ₪5.68b |
Recent financial health updates
Veridis Environment (TLV:VRDS) Has Debt But No Earnings; Should You Worry?
Jul 01
We Think Veridis Environment (TLV:VRDS) Is Taking Some Risk With Its Debt
Feb 27Recent updates
Revenues Tell The Story For Veridis Environment Ltd (TLV:VRDS)
Oct 17Shareholders May Not Be So Generous With Veridis Environment Ltd's (TLV:VRDS) CEO Compensation And Here's Why
Jul 30Veridis Environment (TLV:VRDS) Has Debt But No Earnings; Should You Worry?
Jul 01Veridis Environment Ltd's (TLV:VRDS) Shares Not Telling The Full Story
May 08We Think Veridis Environment (TLV:VRDS) Is Taking Some Risk With Its Debt
Feb 27A Look At The Intrinsic Value Of Veridis Environment Ltd (TLV:VRDS)
Jan 05Here's What's Concerning About Veridis Environment's (TLV:VRDS) Returns On Capital
Jun 29Veridis Environment (TLV:VRDS) Has Some Way To Go To Become A Multi-Bagger
Mar 24Returns On Capital At Veridis Environment (TLV:VRDS) Have Hit The Brakes
Nov 28Some Investors May Be Worried About Veridis Environment's (TLV:VRDS) Returns On Capital
Jul 15Veridis Environment Ltd (TLV:VRDS) Looks Just Right
Feb 24Veridis Environment's (TLV:VRDS) Anemic Earnings Might Be Worse Than You Think
Dec 05Financial Position Analysis
Short Term Liabilities: VRDS's short term assets (₪1.1B) do not cover its short term liabilities (₪1.3B).
Long Term Liabilities: VRDS's short term assets (₪1.1B) do not cover its long term liabilities (₪2.6B).
Debt to Equity History and Analysis
Debt Level: VRDS's net debt to equity ratio (135.3%) is considered high.
Reducing Debt: Insufficient data to determine if VRDS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VRDS's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: VRDS's interest payments on its debt are not well covered by EBIT (0.3x coverage).