Vår Energi Balance Sheet Health

Financial Health criteria checks 2/6

Vår Energi has a total shareholder equity of $1.5B and total debt of $4.5B, which brings its debt-to-equity ratio to 307.1%. Its total assets and total liabilities are $22.1B and $20.7B respectively. Vår Energi's EBIT is $3.5B making its interest coverage ratio -634.7. It has cash and short-term investments of $721.6M.

Key information

307.1%

Debt to equity ratio

US$4.52b

Debt

Interest coverage ratio-634.7x
CashUS$721.62m
EquityUS$1.47b
Total liabilitiesUS$20.66b
Total assetsUS$22.13b

Recent financial health updates

Recent updates

Estimating The Intrinsic Value Of Vår Energi AS (OB:VAR)

May 22
Estimating The Intrinsic Value Of Vår Energi AS (OB:VAR)

These 4 Measures Indicate That Vår Energi (OB:VAR) Is Using Debt Extensively

Apr 15
These 4 Measures Indicate That Vår Energi (OB:VAR) Is Using Debt Extensively

Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture

Mar 25
Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture

The Price Is Right For Vår Energi AS (OB:VAR)

Mar 06
The Price Is Right For Vår Energi AS (OB:VAR)

Is There An Opportunity With Vår Energi AS' (OB:VAR) 21% Undervaluation?

Dec 23
Is There An Opportunity With Vår Energi AS' (OB:VAR) 21% Undervaluation?

Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate

Aug 21
Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate

Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital

Jun 19
Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital

Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings

May 06
Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings

Why We Like The Returns At Vår Energi (OB:VAR)

Feb 17
Why We Like The Returns At Vår Energi (OB:VAR)

Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?

Jan 03
Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?

The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business

Aug 03
The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business

Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts

Jul 29
Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts

Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price

Jul 09
Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price

Financial Position Analysis

Short Term Liabilities: VAR's short term assets ($1.9B) do not cover its short term liabilities ($2.8B).

Long Term Liabilities: VAR's short term assets ($1.9B) do not cover its long term liabilities ($17.9B).


Debt to Equity History and Analysis

Debt Level: VAR's net debt to equity ratio (258.1%) is considered high.

Reducing Debt: VAR's debt to equity ratio has increased from 67.2% to 307.1% over the past 5 years.

Debt Coverage: VAR's debt is well covered by operating cash flow (67.9%).

Interest Coverage: VAR earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.