Viking Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Viking Holdings has a total shareholder equity of $-781.4M and total debt of $5.1B, which brings its debt-to-equity ratio to -648.2%. Its total assets and total liabilities are $9.5B and $10.3B respectively. Viking Holdings's EBIT is $1.0B making its interest coverage ratio 2.8. It has cash and short-term investments of $2.4B.
Key information
-648.2%
Debt to equity ratio
US$5.06b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$2.39b |
| Equity | -US$781.41m |
| Total liabilities | US$10.33b |
| Total assets | US$9.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VIK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VIK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VIK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VIK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: VIK's debt is well covered by operating cash flow (35.8%).
Interest Coverage: VIK's interest payments on its debt are not well covered by EBIT (2.8x coverage).