VRG Balance Sheet Health
Financial Health criteria checks 6/6
VRG has a total shareholder equity of PLN1.0B and total debt of PLN127.3M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are PLN1.6B and PLN630.4M respectively. VRG's EBIT is PLN101.6M making its interest coverage ratio 7.5. It has cash and short-term investments of PLN11.8M.
Key information
12.5%
Debt to equity ratio
zł127.30m
Debt
| Interest coverage ratio | 7.5x |
| Cash | zł11.84m |
| Equity | zł1.02b |
| Total liabilities | zł630.43m |
| Total assets | zł1.65b |
Recent financial health updates
Recent updates
VRG (WSE:VRG) Has Announced That Its Dividend Will Be Reduced To PLN0.09
Aug 19
VRG (WSE:VRG) Has Announced That Its Dividend Will Be Reduced To PLN0.09
Jul 23VRG's (WSE:VRG) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 26VRG (WSE:VRG) Is Paying Out Less In Dividends Than Last Year
Jun 12VRG (WSE:VRG) Is Paying Out Less In Dividends Than Last Year
May 29At zł3.51, Is It Time To Put VRG S.A. (WSE:VRG) On Your Watch List?
Apr 13A Look At The Fair Value Of VRG S.A. (WSE:VRG)
Aug 05A Look At VRG's (WSE:VRG) Share Price Returns
Mar 05Is There Now An Opportunity In VRG S.A. (WSE:VRG)?
Feb 05Does VRG (WSE:VRG) Have A Healthy Balance Sheet?
Dec 31Financial Position Analysis
Short Term Liabilities: VRG's short term assets (PLN754.6M) exceed its short term liabilities (PLN437.6M).
Long Term Liabilities: VRG's short term assets (PLN754.6M) exceed its long term liabilities (PLN192.9M).
Debt to Equity History and Analysis
Debt Level: VRG's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: VRG's debt to equity ratio has reduced from 20% to 12.5% over the past 5 years.
Debt Coverage: VRG's debt is well covered by operating cash flow (79.6%).
Interest Coverage: VRG's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 04:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
VRG S.A. is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sylwia Jaskiewicz | Dom Maklerski Banku Ochrony Srodowiska S.A. |
| Sylwia Jaskiewicz | Dom Maklerski IDMSA |
| Tomasz Duda | Erste Group Bank AG |