Vátryggingafélag Íslands hf Balance Sheet Health
Financial Health criteria checks 0/6
Vátryggingafélag Íslands hf has a total shareholder equity of ISK20.4B and total debt of ISK17.9B, which brings its debt-to-equity ratio to 87.9%. Its total assets and total liabilities are ISK72.8B and ISK52.4B respectively. Vátryggingafélag Íslands hf's EBIT is ISK3.0B making its interest coverage ratio 2.5. It has cash and short-term investments of ISK1.8B.
Key information
87.9%
Debt to equity ratio
ISK 17.94b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ISK 1.84b |
| Equity | ISK 20.40b |
| Total liabilities | ISK 52.43b |
| Total assets | ISK 72.83b |
Recent financial health updates
No updates
Recent updates
Would Vátryggingafélag Íslands hf. (ICE:VIS) Be Valuable To Income Investors?
Mar 30
Vátryggingafélag Íslands hf.'s (ICE:VIS) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Mar 01Vátryggingafélag Íslands hf (ICE:VIS) Has Gifted Shareholders With A Fantastic 149% Total Return On Their Investment
Jan 05
Does Vátryggingafélag Íslands hf.'s (ICE:VIS) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Nov 24Financial Position Analysis
Short Term Liabilities: SKAGI's short term assets (ISK11.7B) do not cover its short term liabilities (ISK27.8B).
Long Term Liabilities: SKAGI's short term assets (ISK11.7B) do not cover its long term liabilities (ISK24.7B).
Debt to Equity History and Analysis
Debt Level: SKAGI's net debt to equity ratio (78.9%) is considered high.
Reducing Debt: SKAGI's debt to equity ratio has increased from 18.9% to 87.9% over the past 5 years.
Debt Coverage: SKAGI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SKAGI's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Vátryggingafélag Íslands hf. 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.
| Analyst | Institution |
|---|