Vector Balance Sheet Health
Financial Health criteria checks 2/6
Vector has a total shareholder equity of NZ$3.8B and total debt of NZ$2.3B, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are NZ$7.3B and NZ$3.5B respectively. Vector's EBIT is NZ$312.4M making its interest coverage ratio 2.9. It has cash and short-term investments of NZ$328.2M.
Key information
59.7%
Debt to equity ratio
NZ$2.27b
Debt
| Interest coverage ratio | 2.9x |
| Cash | NZ$328.20m |
| Equity | NZ$3.79b |
| Total liabilities | NZ$3.48b |
| Total assets | NZ$7.28b |
Recent financial health updates
These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively
Oct 26
Here's Why Vector (NZSE:VCT) Has A Meaningful Debt Burden
Dec 16These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively
Nov 04These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively
Apr 06Vector (NZSE:VCT) Has A Somewhat Strained Balance Sheet
Dec 02
Recent updates
Estimating The Intrinsic Value Of Vector Limited (NZSE:VCT)
Apr 12Vector (NZSE:VCT) Is Paying Out A Dividend Of NZ$0.0925
Feb 29Market Participants Recognise Vector Limited's (NZSE:VCT) Earnings
Feb 12Vector Limited's (NZSE:VCT) Intrinsic Value Is Potentially 22% Below Its Share Price
Dec 20These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively
Oct 26Are Investors Undervaluing Vector Limited (NZSE:VCT) By 41%?
Jul 07The Returns At Vector (NZSE:VCT) Aren't Growing
Apr 10A Look At The Intrinsic Value Of Vector Limited (NZSE:VCT)
Feb 09Here's Why Vector (NZSE:VCT) Has A Meaningful Debt Burden
Dec 16Calculating The Intrinsic Value Of Vector Limited (NZSE:VCT)
Nov 05The Returns At Vector (NZSE:VCT) Aren't Growing
Oct 18Vector (NZSE:VCT) Will Pay A Dividend Of NZ$0.0895
Aug 29Vector (NZSE:VCT) Has Some Way To Go To Become A Multi-Bagger
Jul 19Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement
Apr 14Vector (NZSE:VCT) Is Due To Pay A Dividend Of NZ$0.087
Feb 28Is There An Opportunity With Vector Limited's (NZSE:VCT) 41% Undervaluation?
Feb 13Returns At Vector (NZSE:VCT) Appear To Be Weighed Down
Nov 27These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively
Nov 04Vector Limited (NZSE:VCT) Shares Could Be 37% Below Their Intrinsic Value Estimate
Sep 30Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.09
Aug 26Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement
May 10These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively
Apr 06Does Vector Limited (NZSE:VCT) Have A Place In Your Dividend Stock Portfolio?
Mar 19Should You Be Worried About Vector Limited's (NZSE:VCT) 5.2% Return On Equity?
Mar 01Did You Participate In Any Of Vector's (NZSE:VCT) Respectable 74% Return?
Feb 11Are Vector's (NZSE:VCT) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 24Returns On Capital At Vector (NZSE:VCT) Paint An Interesting Picture
Jan 06Read This Before Buying Vector Limited (NZSE:VCT) For Its Dividend
Dec 17Vector (NZSE:VCT) Has A Somewhat Strained Balance Sheet
Dec 02Read This Before Judging Vector Limited's (NZSE:VCT) ROE
Nov 17Financial Position Analysis
Short Term Liabilities: VCT's short term assets (NZ$641.4M) exceed its short term liabilities (NZ$504.9M).
Long Term Liabilities: VCT's short term assets (NZ$641.4M) do not cover its long term liabilities (NZ$3.0B).
Debt to Equity History and Analysis
Debt Level: VCT's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: VCT's debt to equity ratio has reduced from 101.2% to 59.7% over the past 5 years.
Debt Coverage: VCT's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: VCT's interest payments on its debt are not well covered by EBIT (2.9x coverage).