Vátryggingafélag Íslands hf Balance Sheet Health
Financial Health criteria checks 4/6
Vátryggingafélag Íslands hf has a total shareholder equity of ISK21.2B and total debt of ISK10.5B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are ISK65.5B and ISK44.3B respectively. Vátryggingafélag Íslands hf's EBIT is ISK2.8B making its interest coverage ratio 11.4. It has cash and short-term investments of ISK2.3B.
Key information
49.7%
Debt to equity ratio
Kr10.52b
Debt
| Interest coverage ratio | 11.4x |
| Cash | Kr2.27b |
| Equity | Kr21.17b |
| Total liabilities | Kr44.30b |
| Total assets | Kr65.47b |
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 (ISK10.5B) exceed its short term liabilities (ISK1.3B).
Long Term Liabilities: SKAGI's short term assets (ISK10.5B) do not cover its long term liabilities (ISK43.0B).
Debt to Equity History and Analysis
Debt Level: SKAGI's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: SKAGI's debt to equity ratio has increased from 18.2% to 49.7% over the past 5 years.
Debt Coverage: SKAGI's debt is well covered by operating cash flow (29.6%).
Interest Coverage: SKAGI's interest payments on its debt are well covered by EBIT (11.4x coverage).