Veritiv Balance Sheet Health
Financial Health criteria checks 6/6
Veritiv has a total shareholder equity of $937.5M and total debt of $34.4M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are $2.0B and $1.1B respectively. Veritiv's EBIT is $377.4M making its interest coverage ratio 15. It has cash and short-term investments of $40.2M.
Key information
3.7%
Debt to equity ratio
US$34.40m
Debt
| Interest coverage ratio | 15x |
| Cash | US$40.20m |
| Equity | US$937.50m |
| Total liabilities | US$1.06b |
| Total assets | US$2.00b |
Recent financial health updates
These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Safely
May 27
We Think Veritiv (NYSE:VRTV) Can Manage Its Debt With Ease
Feb 21Veritiv (NYSE:VRTV) Seems To Use Debt Rather Sparingly
Oct 13These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Reasonably Well
Jul 07Recent updates
Veritiv Corporation: The End Of A Volatile Era
Nov 01Veritiv: Operating Margin, A Double-Edged Sword
Aug 09Shareholders Would Enjoy A Repeat Of Veritiv's (NYSE:VRTV) Recent Growth In Returns
Aug 01Should You Be Adding Veritiv (NYSE:VRTV) To Your Watchlist Today?
Jun 27These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Safely
May 27Why We Like The Returns At Veritiv (NYSE:VRTV)
Apr 11Here's Why We Think Veritiv (NYSE:VRTV) Is Well Worth Watching
Mar 24We Think Veritiv (NYSE:VRTV) Can Manage Its Debt With Ease
Feb 21Under The Bonnet, Veritiv's (NYSE:VRTV) Returns Look Impressive
Jan 10Veritiv: Volatile Earnings But Strong Free Cash Flow, Relative Price Strength On The Chart
Dec 21Here's Why We Think Veritiv (NYSE:VRTV) Is Well Worth Watching
Dec 15Estimating The Fair Value Of Veritiv Corporation (NYSE:VRTV)
Dec 01Veritiv Corporation Q3 Earnings Preview
Nov 07Veritiv (NYSE:VRTV) Seems To Use Debt Rather Sparingly
Oct 13Veritiv (NYSE:VRTV) Is Very Good At Capital Allocation
Aug 26Does Veritiv (NYSE:VRTV) Deserve A Spot On Your Watchlist?
Aug 10Veritiv Corporation Q2 Earnings Preview
Aug 08These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Reasonably Well
Jul 07Veritiv (NYSE:VRTV) Is Looking To Continue Growing Its Returns On Capital
May 23Is Now The Time To Put Veritiv (NYSE:VRTV) On Your Watchlist?
May 07Why Veritiv Is Still A Buy
Apr 14Is Veritiv (NYSE:VRTV) Using Too Much Debt?
Apr 06Improved Earnings Required Before Veritiv Corporation (NYSE:VRTV) Stock's 32% Jump Looks Justified
Mar 03Veritiv (NYSE:VRTV) Shareholders Will Want The ROCE Trajectory To Continue
Feb 14Is Now The Time To Put Veritiv (NYSE:VRTV) On Your Watchlist?
Jan 26Financial Position Analysis
Short Term Liabilities: VRTV's short term assets ($1.4B) exceed its short term liabilities ($669.2M).
Long Term Liabilities: VRTV's short term assets ($1.4B) exceed its long term liabilities ($388.7M).
Debt to Equity History and Analysis
Debt Level: VRTV has more cash than its total debt.
Reducing Debt: VRTV's debt to equity ratio has reduced from 191.9% to 3.7% over the past 5 years.
Debt Coverage: VRTV's debt is well covered by operating cash flow (1112.8%).
Interest Coverage: VRTV's interest payments on its debt are well covered by EBIT (15x coverage).