Viking Line Abp Balance Sheet Health
Financial Health criteria checks 4/6
Viking Line Abp has a total shareholder equity of €318.0M and total debt of €159.9M, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are €619.5M and €301.5M respectively. Viking Line Abp's EBIT is €26.9M making its interest coverage ratio 2.4. It has cash and short-term investments of €61.1M.
Key information
50.3%
Debt to equity ratio
€159.90m
Debt
| Interest coverage ratio | 2.4x |
| Cash | €61.10m |
| Equity | €318.00m |
| Total liabilities | €301.50m |
| Total assets | €619.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VKGL.F's short term assets (€125.8M) exceed its short term liabilities (€121.6M).
Long Term Liabilities: VKGL.F's short term assets (€125.8M) do not cover its long term liabilities (€179.9M).
Debt to Equity History and Analysis
Debt Level: VKGL.F's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: VKGL.F's debt to equity ratio has reduced from 53.5% to 50.3% over the past 5 years.
Debt Coverage: VKGL.F's debt is well covered by operating cash flow (32.1%).
Interest Coverage: VKGL.F's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:55 |
| End of Day Share Price | 2024/12/16 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Viking Line Abp is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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