Volue Balance Sheet Health
Financial Health criteria checks 4/6
Volue has a total shareholder equity of NOK901.3M and total debt of NOK192.3M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are NOK2.3B and NOK1.4B respectively. Volue's EBIT is NOK85.4M making its interest coverage ratio 3. It has cash and short-term investments of NOK348.9M.
Key information
21.3%
Debt to equity ratio
NOK 192.31m
Debt
Interest coverage ratio | 3x |
Cash | NOK 348.92m |
Equity | NOK 901.33m |
Total liabilities | NOK 1.41b |
Total assets | NOK 2.31b |
Recent financial health updates
Recent updates
Volue 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 (NOK944.1M) do not cover its short term liabilities (NOK1.0B).
Long Term Liabilities: VOLUE's short term assets (NOK944.1M) exceed its long term liabilities (NOK387.3M).
Debt to Equity History and Analysis
Debt Level: VOLUE has more cash than its total debt.
Reducing Debt: VOLUE's debt to equity ratio has reduced from 46% to 21.3% over the past 5 years.
Debt Coverage: VOLUE's debt is well covered by operating cash flow (177.1%).
Interest Coverage: VOLUE's interest payments on its debt are not well covered by EBIT (3x coverage).