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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 ratio | 1.9x |
Cash | NOK 192.57m |
Equity | NOK 910.77m |
Total liabilities | NOK 1.10b |
Total assets | NOK 2.01b |
Recent financial health updates
Recent updates
There May Be Reason For Hope In Volue's (OB:VOLUE) Disappointing Earnings
Aug 28Volue ASA (OB:VOLUE) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
May 22Volue's (OB:VOLUE) Returns On Capital Are Heading Higher
May 03Impressive Earnings May Not Tell The Whole Story For Volue (OB:VOLUE)
Feb 17Volue ASA (OB:VOLUE) Soars 29% But It's A Story Of Risk Vs Reward
Feb 14Here's Why Volue (OB:VOLUE) Can Manage Its Debt Responsibly
Feb 13Is There Now An Opportunity In Volue ASA (OB:VOLUE)?
Dec 07When Should You Buy Volue ASA (OB:VOLUE)?
Jul 19Volue ASA's (OB:VOLUE) Low P/S No Reason For Excitement
Jun 04Volue ASA (OB:VOLUE) Shares Could Be 46% Below Their Intrinsic Value Estimate
Dec 11Volue (OB:VOLUE) Shareholders Will Want The ROCE Trajectory To Continue
Aug 20Earnings Miss: Volue ASA Missed EPS By 72% And Analysts Are Revising Their Forecasts
May 07Volue (OB:VOLUE) Is Doing The Right Things To Multiply Its Share Price
May 05Are Investors Undervaluing Volue ASA (OB:VOLUE) By 41%?
Mar 05Returns On Capital Are Showing Encouraging Signs At Volue (OB:VOLUE)
Dec 15Volue ASA's (OB:VOLUE) Intrinsic Value Is Potentially 20% Below Its Share Price
Jun 11Financial 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
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/11/08 13:59 |
End of Day Share Price | 2024/11/06 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2023/12/31 |
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.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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.
Analyst | Institution |
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Jørgen Bruaset | Nordea Markets |
Gard Aarvik | Pareto Securities |