Vector Limited

NZSE:VCT Stock Report

Market Cap: NZ$3.8b

Vector Balance Sheet Health

Financial Health criteria checks 3/6

Vector has a total shareholder equity of NZ$3.8B and total debt of NZ$2.0B, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are NZ$7.1B and NZ$3.3B respectively. Vector's EBIT is NZ$329.6M making its interest coverage ratio 6.3. It has cash and short-term investments of NZ$104.6M.

Key information

54.0%

Debt to equity ratio

NZ$2.04b

Debt

Interest coverage ratio	6.3x
Cash	NZ$104.60m
Equity	NZ$3.78b
Total liabilities	NZ$3.35b
Total assets	NZ$7.13b

Recent financial health updates

Is Vector (NZSE:VCT) Using Too Much Debt?

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Here's Why Vector (NZSE:VCT) Has A Meaningful Debt Burden

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Vector (NZSE:VCT) Has A Somewhat Strained Balance Sheet

Recent updates

Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.1475

Time To Worry? Analysts Just Downgraded Their Vector Limited (NZSE:VCT) Outlook

With Vector Limited (NZSE:VCT) It Looks Like You'll Get What You Pay For

Vector (NZSE:VCT) Is Reinvesting At Lower Rates Of Return

Is Vector (NZSE:VCT) Using Too Much Debt?

Estimating The Intrinsic Value Of Vector Limited (NZSE:VCT)

Vector (NZSE:VCT) Is Paying Out A Dividend Of NZ$0.0925

Market Participants Recognise Vector Limited's (NZSE:VCT) Earnings

Vector Limited's (NZSE:VCT) Intrinsic Value Is Potentially 22% Below Its Share Price

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Are Investors Undervaluing Vector Limited (NZSE:VCT) By 41%?

The Returns At Vector (NZSE:VCT) Aren't Growing

A Look At The Intrinsic Value Of Vector Limited (NZSE:VCT)

Here's Why Vector (NZSE:VCT) Has A Meaningful Debt Burden

Calculating The Intrinsic Value Of Vector Limited (NZSE:VCT)

The Returns At Vector (NZSE:VCT) Aren't Growing

Vector (NZSE:VCT) Will Pay A Dividend Of NZ$0.0895

Vector (NZSE:VCT) Has Some Way To Go To Become A Multi-Bagger

Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement

Vector (NZSE:VCT) Is Due To Pay A Dividend Of NZ$0.087

Is There An Opportunity With Vector Limited's (NZSE:VCT) 41% Undervaluation?

Returns At Vector (NZSE:VCT) Appear To Be Weighed Down

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Vector Limited (NZSE:VCT) Shares Could Be 37% Below Their Intrinsic Value Estimate

Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.09

Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Does Vector Limited (NZSE:VCT) Have A Place In Your Dividend Stock Portfolio?

Should You Be Worried About Vector Limited's (NZSE:VCT) 5.2% Return On Equity?

Did You Participate In Any Of Vector's (NZSE:VCT) Respectable 74% Return?

Are Vector's (NZSE:VCT) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Returns On Capital At Vector (NZSE:VCT) Paint An Interesting Picture

Read This Before Buying Vector Limited (NZSE:VCT) For Its Dividend

Vector (NZSE:VCT) Has A Somewhat Strained Balance Sheet

Read This Before Judging Vector Limited's (NZSE:VCT) ROE

Financial Position Analysis

Short Term Liabilities: VCT's short term assets (NZ$381.8M) do not cover its short term liabilities (NZ$557.1M).

Long Term Liabilities: VCT's short term assets (NZ$381.8M) do not cover its long term liabilities (NZ$2.8B).

Debt to Equity History and Analysis

Debt Level: VCT's net debt to equity ratio (51.2%) is considered high.

Reducing Debt: VCT's debt to equity ratio has reduced from 117.5% to 54% over the past 5 years.

Debt Coverage: VCT's debt is well covered by operating cash flow (21.8%).

Interest Coverage: VCT's interest payments on its debt are well covered by EBIT (6.3x coverage).

Balance Sheet

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