Veridis Environment Balance Sheet Health
Financial Health criteria checks 1/6
Veridis Environment has a total shareholder equity of ₪1.9B and total debt of ₪2.5B, which brings its debt-to-equity ratio to 132%. Its total assets and total liabilities are ₪5.6B and ₪3.8B respectively. Veridis Environment's EBIT is ₪1.6M making its interest coverage ratio 0. It has cash and short-term investments of ₪108.0M.
Key information
132.0%
Debt to equity ratio
₪2.45b
Debt
| Interest coverage ratio | 0.01x |
| Cash | ₪108.05m |
| Equity | ₪1.86b |
| Total liabilities | ₪3.77b |
| Total assets | ₪5.63b |
Recent financial health updates
Recent updates
We Think Veridis Environment (TLV:VRDS) Is Taking Some Risk With Its Debt
Feb 27
A 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) exceed its short term liabilities (₪1.0B).
Long Term Liabilities: VRDS's short term assets (₪1.1B) do not cover its long term liabilities (₪2.7B).
Debt to Equity History and Analysis
Debt Level: VRDS's net debt to equity ratio (126.1%) 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 (18.6%).
Interest Coverage: VRDS's interest payments on its debt are not well covered by EBIT (0x coverage).