Volution Group Balance Sheet Health
Financial Health criteria checks 4/6
Volution Group has a total shareholder equity of £214.2M and total debt of £81.5M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are £409.2M and £195.1M respectively. Volution Group's EBIT is £54.3M making its interest coverage ratio 12.3. It has cash and short-term investments of £16.6M.
Key information
38.1%
Debt to equity ratio
UK£81.55m
Debt
Interest coverage ratio | 12.3x |
Cash | UK£16.60m |
Equity | UK£214.16m |
Total liabilities | UK£195.05m |
Total assets | UK£409.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLUT.F's short term assets (£129.9M) exceed its short term liabilities (£63.3M).
Long Term Liabilities: VLUT.F's short term assets (£129.9M) do not cover its long term liabilities (£131.8M).
Debt to Equity History and Analysis
Debt Level: VLUT.F's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: VLUT.F's debt to equity ratio has increased from 27.7% to 38.1% over the past 5 years.
Debt Coverage: VLUT.F's debt is well covered by operating cash flow (72.9%).
Interest Coverage: VLUT.F's interest payments on its debt are well covered by EBIT (12.3x coverage).