Veidekke Balance Sheet Health
Financial Health criteria checks 5/6
Veidekke has a total shareholder equity of NOK3.1B and total debt of NOK508.0M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are NOK18.2B and NOK15.1B respectively. Veidekke's EBIT is NOK1.4B making its interest coverage ratio -28.5. It has cash and short-term investments of NOK3.0B.
Key information
16.4%
Debt to equity ratio
kr508.00m
Debt
| Interest coverage ratio | -28.5x |
| Cash | kr2.99b |
| Equity | kr3.10b |
| Total liabilities | kr15.11b |
| Total assets | kr18.21b |
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 26These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Safely
Jan 11Recent updates
Here'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 30Is Veidekke ASA (OB:VEI) Trading At A 43% Discount?
Mar 14Under The Bonnet, Veidekke's (OB:VEI) Returns Look Impressive
Feb 28Veidekke (OB:VEI) Is Increasing Its Dividend To kr7.00
Feb 12These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Safely
Jan 11Veidekke (OB:VEI) Is Very Good At Capital Allocation
Nov 05Do Veidekke's (OB:VEI) Earnings Warrant Your Attention?
Sep 30We Think Veidekke (OB:VEI) Can Manage Its Debt With Ease
Aug 26Are Investors Undervaluing Veidekke ASA (OB:VEI) By 28%?
Jun 11Veidekke (OB:VEI) Seems To Use Debt Rather Sparingly
Apr 21Calculating The Intrinsic Value Of Veidekke ASA (OB:VEI)
Mar 10How Does Veidekke ASA (OB:VEI) Fare As A Dividend Stock?
Feb 25Financial Position Analysis
Short Term Liabilities: VEI's short term assets (NOK10.9B) do not cover its short term liabilities (NOK12.7B).
Long Term Liabilities: VEI's short term assets (NOK10.9B) exceed its long term liabilities (NOK2.4B).
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 47.5% to 16.4% over the past 5 years.
Debt Coverage: VEI's debt is well covered by operating cash flow (578.5%).
Interest Coverage: VEI earns more interest than it pays, so coverage of interest payments is not a concern.