Veidekke Balance Sheet Health
Financial Health criteria checks 5/6
Veidekke has a total shareholder equity of NOK2.9B and total debt of NOK548.0M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are NOK17.7B and NOK14.8B respectively. Veidekke's EBIT is NOK1.6B making its interest coverage ratio -15.4. It has cash and short-term investments of NOK2.5B.
Key information
19.0%
Debt to equity ratio
NOK 548.00m
Debt
| Interest coverage ratio | -15.4x |
| Cash | NOK 2.45b |
| Equity | NOK 2.89b |
| Total liabilities | NOK 14.84b |
| Total assets | NOK 17.72b |
Recent financial health updates
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well
Sep 30
Is Veidekke (OB:VEI) A Risky Investment?
Jun 13Veidekke (OB:VEI) Seems To Use Debt Quite Sensibly
Nov 01These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well
Jul 26Recent updates
Analyst Estimates: Here's What Brokers Think Of Veidekke ASA (OB:VEI) After Its Third-Quarter Report
Nov 10Veidekke (OB:VEI) Knows How To Allocate Capital Effectively
Oct 02We Think Veidekke's (OB:VEI) Robust Earnings Are Conservative
Aug 22Earnings Beat: Veidekke ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 19Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?
Jul 17Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 11Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More
May 01Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90
Apr 26Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90
Apr 05Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90
Mar 22Is It Time To Consider Buying Veidekke ASA (OB:VEI)?
Mar 13Calculating The Fair Value Of Veidekke ASA (OB:VEI)
Feb 29Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings
Feb 15Earnings Not Telling The Story For Veidekke ASA (OB:VEI)
Jan 05These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well
Sep 30Should You Think About Buying Veidekke ASA (OB:VEI) Now?
Jul 01Is Veidekke (OB:VEI) A Risky Investment?
Jun 13Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?
May 18Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price
Apr 14Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75
Feb 11Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital
Feb 03Should You Think About Buying Veidekke ASA (OB:VEI) Now?
Jan 10Veidekke (OB:VEI) Seems To Use Debt Quite Sensibly
Nov 01Veidekke (OB:VEI) Is Achieving High Returns On Its Capital
Sep 08These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well
Jul 26Results: Veidekke ASA Delivered A Surprise Loss And Now Analysts Have New Forecasts
May 15Veidekke's (OB:VEI) Upcoming Dividend Will Be Larger Than Last Year's
May 06Veidekke (OB:VEI) Is Paying Out A Larger Dividend Than Last Year
Apr 22Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?
Mar 30Financial Position Analysis
Short Term Liabilities: VEI's short term assets (NOK10.4B) do not cover its short term liabilities (NOK12.6B).
Long Term Liabilities: VEI's short term assets (NOK10.4B) exceed its long term liabilities (NOK2.3B).
Debt to Equity History and Analysis
Debt Level: VEI has more cash than its total debt.
Reducing Debt: VEI's debt to equity ratio has reduced from 136% to 19% over the past 5 years.
Debt Coverage: VEI's debt is well covered by operating cash flow (528.1%).
Interest Coverage: VEI earns more interest than it pays, so coverage of interest payments is not a concern.