Vesuvius Balance Sheet Health
Financial Health criteria checks 6/6
Vesuvius has a total shareholder equity of £1.3B and total debt of £393.3M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are £2.3B and £1.0B respectively. Vesuvius's EBIT is £192.4M making its interest coverage ratio 25. It has cash and short-term investments of £173.2M.
Key information
30.8%
Debt to equity ratio
UK£393.30m
Debt
Interest coverage ratio | 25x |
Cash | UK£173.20m |
Equity | UK£1.28b |
Total liabilities | UK£1.01b |
Total assets | UK£2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CKSN.Y's short term assets (£985.7M) exceed its short term liabilities (£532.3M).
Long Term Liabilities: CKSN.Y's short term assets (£985.7M) exceed its long term liabilities (£479.4M).
Debt to Equity History and Analysis
Debt Level: CKSN.Y's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: CKSN.Y's debt to equity ratio has reduced from 43.6% to 30.8% over the past 5 years.
Debt Coverage: CKSN.Y's debt is well covered by operating cash flow (64.1%).
Interest Coverage: CKSN.Y's interest payments on its debt are well covered by EBIT (25x coverage).