VRG Balance Sheet Health
Financial Health criteria checks 6/6
VRG has a total shareholder equity of PLN1.0B and total debt of PLN75.6M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are PLN1.6B and PLN605.7M respectively. VRG's EBIT is PLN108.3M making its interest coverage ratio 10.6. It has cash and short-term investments of PLN21.5M.
Key information
7.5%
Debt to equity ratio
zł75.60m
Debt
| Interest coverage ratio | 10.6x |
| Cash | zł21.50m |
| Equity | zł1.01b |
| Total liabilities | zł605.70m |
| Total assets | zł1.61b |
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 (PLN727.5M) exceed its short term liabilities (PLN416.9M).
Long Term Liabilities: VRG's short term assets (PLN727.5M) exceed its long term liabilities (PLN188.8M).
Debt to Equity History and Analysis
Debt Level: VRG's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: VRG's debt to equity ratio has reduced from 20.3% to 7.5% over the past 5 years.
Debt Coverage: VRG's debt is well covered by operating cash flow (194.5%).
Interest Coverage: VRG's interest payments on its debt are well covered by EBIT (10.6x coverage).