Videndum Balance Sheet Health
Financial Health criteria checks 4/6
Videndum has a total shareholder equity of £237.5M and total debt of £103.2M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are £451.3M and £213.8M respectively. Videndum's EBIT is £7.9M making its interest coverage ratio 0.5. It has cash and short-term investments of £8.7M.
Key information
43.5%
Debt to equity ratio
UK£103.20m
Debt
Interest coverage ratio | 0.5x |
Cash | UK£8.70m |
Equity | UK£237.50m |
Total liabilities | UK£213.80m |
Total assets | UK£451.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTEP.F's short term assets (£172.1M) exceed its short term liabilities (£70.3M).
Long Term Liabilities: VTEP.F's short term assets (£172.1M) exceed its long term liabilities (£143.5M).
Debt to Equity History and Analysis
Debt Level: VTEP.F's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: VTEP.F's debt to equity ratio has reduced from 60.7% to 43.5% over the past 5 years.
Debt Coverage: VTEP.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VTEP.F's interest payments on its debt are not well covered by EBIT (0.5x coverage).