Veridis Environment Ltd

TASE:VRDS Stock Report

Market Cap: ₪3.9b

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 0.4. It has cash and short-term investments of ₪71.8M.

Key information

139.3%

Debt to equity ratio

₪2.55b

Debt

Interest coverage ratio0.4x
Cash₪71.77m
Equity₪1.83b
Total liabilities₪3.85b
Total assets₪5.68b

Recent financial health updates

These 4 Measures Indicate That Veridis Environment (TLV:VRDS) Is Using Debt Reasonably Well

Jan 19
These 4 Measures Indicate That Veridis Environment (TLV:VRDS) Is Using Debt Reasonably Well

Veridis Environment (TLV:VRDS) Has Debt But No Earnings; Should You Worry?

Jul 01
Veridis Environment (TLV:VRDS) Has Debt But No Earnings; Should You Worry?

We Think Veridis Environment (TLV:VRDS) Is Taking Some Risk With Its Debt

Feb 27
We Think Veridis Environment (TLV:VRDS) Is Taking Some Risk With Its Debt

Recent updates

These 4 Measures Indicate That Veridis Environment (TLV:VRDS) Is Using Debt Reasonably Well

Jan 19
These 4 Measures Indicate That Veridis Environment (TLV:VRDS) Is Using Debt Reasonably Well

Revenues Tell The Story For Veridis Environment Ltd (TLV:VRDS)

Oct 17
Revenues Tell The Story For Veridis Environment Ltd (TLV:VRDS)

Shareholders May Not Be So Generous With Veridis Environment Ltd's (TLV:VRDS) CEO Compensation And Here's Why

Jul 30
Shareholders May Not Be So Generous With Veridis Environment Ltd's (TLV:VRDS) CEO Compensation And Here's Why

Veridis Environment (TLV:VRDS) Has Debt But No Earnings; Should You Worry?

Jul 01
Veridis Environment (TLV:VRDS) Has Debt But No Earnings; Should You Worry?

Veridis Environment Ltd's (TLV:VRDS) Shares Not Telling The Full Story

May 08
Veridis Environment Ltd's (TLV:VRDS) Shares Not Telling The Full Story

We Think Veridis Environment (TLV:VRDS) Is Taking Some Risk With Its Debt

Feb 27
We Think Veridis Environment (TLV:VRDS) Is Taking Some Risk With Its Debt

A Look At The Intrinsic Value Of Veridis Environment Ltd (TLV:VRDS)

Jan 05
A Look At The Intrinsic Value Of Veridis Environment Ltd (TLV:VRDS)

Here's What's Concerning About Veridis Environment's (TLV:VRDS) Returns On Capital

Jun 29
Here's What's Concerning About Veridis Environment's (TLV:VRDS) Returns On Capital

Veridis Environment (TLV:VRDS) Has Some Way To Go To Become A Multi-Bagger

Mar 24
Veridis Environment (TLV:VRDS) Has Some Way To Go To Become A Multi-Bagger

Returns On Capital At Veridis Environment (TLV:VRDS) Have Hit The Brakes

Nov 28
Returns On Capital At Veridis Environment (TLV:VRDS) Have Hit The Brakes

Some Investors May Be Worried About Veridis Environment's (TLV:VRDS) Returns On Capital

Jul 15
Some Investors May Be Worried About Veridis Environment's (TLV:VRDS) Returns On Capital

Veridis Environment Ltd (TLV:VRDS) Looks Just Right

Feb 24
Veridis Environment Ltd (TLV:VRDS) Looks Just Right

Veridis Environment's (TLV:VRDS) Anemic Earnings Might Be Worse Than You Think

Dec 05
Veridis Environment's (TLV:VRDS) Anemic Earnings Might Be Worse Than You Think

Financial 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 (0.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 20:26
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Veridis Environment Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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