Volue Balance Sheet Health
Financial Health criteria checks 4/6
Volue has a total shareholder equity of NOK849.7M and total debt of NOK462.0M, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are NOK2.1B and NOK1.3B respectively. Volue's EBIT is NOK79.8M making its interest coverage ratio 3.5. It has cash and short-term investments of NOK178.3M.
Key information
54.4%
Debt to equity ratio
kr461.97m
Debt
| Interest coverage ratio | 3.5x |
| Cash | kr178.33m |
| Equity | kr849.71m |
| Total liabilities | kr1.28b |
| Total assets | kr2.13b |
Recent financial health updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Volue (OB:VOLUE)
Feb 17
Volue 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 (NOK814.9M) exceed its short term liabilities (NOK745.6M).
Long Term Liabilities: VOLUE's short term assets (NOK814.9M) exceed its long term liabilities (NOK531.9M).
Debt to Equity History and Analysis
Debt Level: VOLUE's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: VOLUE's debt to equity ratio has increased from 37.9% to 54.4% over the past 5 years.
Debt Coverage: VOLUE's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: VOLUE's interest payments on its debt are well covered by EBIT (3.5x coverage).