Veritiv Balance Sheet Health
Financial Health criteria checks 6/6
Veritiv has a total shareholder equity of $883.3M and total debt of $150.6M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are $2.0B and $1.1B respectively. Veritiv's EBIT is $408.0M making its interest coverage ratio 15.4. It has cash and short-term investments of $43.9M.
Key information
17.0%
Debt to equity ratio
US$150.60m
Debt
Interest coverage ratio | 15.4x |
Cash | US$43.90m |
Equity | US$883.30m |
Total liabilities | US$1.14b |
Total assets | US$2.02b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRTV *'s short term assets ($1.4B) exceed its short term liabilities ($626.3M).
Long Term Liabilities: VRTV *'s short term assets ($1.4B) exceed its long term liabilities ($512.7M).
Debt to Equity History and Analysis
Debt Level: VRTV *'s net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: VRTV *'s debt to equity ratio has reduced from 187.2% to 17% over the past 5 years.
Debt Coverage: VRTV *'s debt is well covered by operating cash flow (236%).
Interest Coverage: VRTV *'s interest payments on its debt are well covered by EBIT (15.4x coverage).