VEF Balance Sheet Health
Financial Health criteria checks 4/6
VEF has a total shareholder equity of $475.0M and total debt of $38.9M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are $514.6M and $39.6M respectively. VEF's EBIT is $60.6M making its interest coverage ratio 9.5. It has cash and short-term investments of $9.1M.
Key information
8.2%
Debt to equity ratio
US$38.86m
Debt
| Interest coverage ratio | 9.5x |
| Cash | US$9.13m |
| Equity | US$474.97m |
| Total liabilities | US$39.60m |
| Total assets | US$514.57m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VEFAB's short term assets ($9.4M) exceed its short term liabilities ($733.0K).
Long Term Liabilities: VEFAB's short term assets ($9.4M) do not cover its long term liabilities ($38.9M).
Debt to Equity History and Analysis
Debt Level: VEFAB's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: VEFAB's debt to equity ratio has increased from 0% to 8.2% over the past 5 years.
Debt Coverage: VEFAB's debt is well covered by operating cash flow (45.3%).
Interest Coverage: VEFAB's interest payments on its debt are well covered by EBIT (9.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:56 |
| 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
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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
VEF AB (publ) is covered by 2 analysts. 1 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 |
|---|---|
| Andrew Stimpson | Keefe, Bruyette, & Woods |
| Herman Wartoft | Pareto Securities |