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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).