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Volue Balance Sheet Health

Financial Health criteria checks 4/6

Volue has a total shareholder equity of NOK910.8M and total debt of NOK194.3M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are NOK2.0B and NOK1.1B respectively. Volue's EBIT is NOK75.1M making its interest coverage ratio 1.9. It has cash and short-term investments of NOK192.6M.

Key information

21.3%

Debt to equity ratio

NOK 194.32m

Debt

Interest coverage ratio1.9x
CashNOK 192.57m
EquityNOK 910.77m
Total liabilitiesNOK 1.10b
Total assetsNOK 2.01b

Recent financial health updates

Recent updates

There May Be Reason For Hope In Volue's (OB:VOLUE) Disappointing Earnings

Aug 28
There May Be Reason For Hope In Volue's (OB:VOLUE) Disappointing Earnings

Volue ASA (OB:VOLUE) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

May 22
Volue ASA (OB:VOLUE) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Volue's (OB:VOLUE) Returns On Capital Are Heading Higher

May 03
Volue's (OB:VOLUE) Returns On Capital Are Heading Higher

Impressive Earnings May Not Tell The Whole Story For Volue (OB:VOLUE)

Feb 17
Impressive Earnings May Not Tell The Whole Story For Volue (OB:VOLUE)

Volue ASA (OB:VOLUE) Soars 29% But It's A Story Of Risk Vs Reward

Feb 14
Volue ASA (OB:VOLUE) Soars 29% But It's A Story Of Risk Vs Reward

Here's Why Volue (OB:VOLUE) Can Manage Its Debt Responsibly

Feb 13
Here's Why Volue (OB:VOLUE) Can Manage Its Debt Responsibly

Is There Now An Opportunity In Volue ASA (OB:VOLUE)?

Dec 07
Is There Now An Opportunity In Volue ASA (OB:VOLUE)?

When Should You Buy Volue ASA (OB:VOLUE)?

Jul 19
When Should You Buy Volue ASA (OB:VOLUE)?

Volue ASA's (OB:VOLUE) Low P/S No Reason For Excitement

Jun 04
Volue ASA's (OB:VOLUE) Low P/S No Reason For Excitement

Volue ASA (OB:VOLUE) Shares Could Be 46% Below Their Intrinsic Value Estimate

Dec 11
Volue ASA (OB:VOLUE) Shares Could Be 46% Below Their Intrinsic Value Estimate

Volue (OB:VOLUE) Shareholders Will Want The ROCE Trajectory To Continue

Aug 20
Volue (OB:VOLUE) Shareholders Will Want The ROCE Trajectory To Continue

Earnings Miss: Volue ASA Missed EPS By 72% And Analysts Are Revising Their Forecasts

May 07
Earnings Miss: Volue ASA Missed EPS By 72% And Analysts Are Revising Their Forecasts

Volue (OB:VOLUE) Is Doing The Right Things To Multiply Its Share Price

May 05
Volue (OB:VOLUE) Is Doing The Right Things To Multiply Its Share Price

Are Investors Undervaluing Volue ASA (OB:VOLUE) By 41%?

Mar 05
Are Investors Undervaluing Volue ASA (OB:VOLUE) By 41%?

Returns On Capital Are Showing Encouraging Signs At Volue (OB:VOLUE)

Dec 15
Returns On Capital Are Showing Encouraging Signs At Volue (OB:VOLUE)

Volue ASA's (OB:VOLUE) Intrinsic Value Is Potentially 20% Below Its Share Price

Jun 11
Volue ASA's (OB:VOLUE) Intrinsic Value Is Potentially 20% Below Its Share Price

Financial Position Analysis

Short Term Liabilities: VOLUE's short term assets (NOK651.4M) do not cover its short term liabilities (NOK733.9M).

Long Term Liabilities: VOLUE's short term assets (NOK651.4M) exceed its long term liabilities (NOK362.0M).


Debt to Equity History and Analysis

Debt Level: VOLUE's net debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: VOLUE's debt to equity ratio has reduced from 54.3% to 21.3% over the past 5 years.

Debt Coverage: VOLUE's debt is well covered by operating cash flow (167.9%).

Interest Coverage: VOLUE's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/11/08 13:59
End of Day Share Price 2024/11/06 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Volue ASA is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jørgen BruasetNordea Markets
Gard AarvikPareto Securities