Valeura Energy Balance Sheet Health
Financial Health criteria checks 6/6
Valeura Energy has a total shareholder equity of $304.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $709.0M and $404.7M respectively. Valeura Energy's EBIT is $105.5M making its interest coverage ratio 8. It has cash and short-term investments of $176.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 8x |
Cash | US$176.35m |
Equity | US$304.32m |
Total liabilities | US$404.66m |
Total assets | US$708.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLER.F's short term assets ($322.1M) exceed its short term liabilities ($220.3M).
Long Term Liabilities: VLER.F's short term assets ($322.1M) exceed its long term liabilities ($184.4M).
Debt to Equity History and Analysis
Debt Level: VLER.F is debt free.
Reducing Debt: VLER.F had no debt 5 years ago.
Debt Coverage: VLER.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VLER.F has no debt, therefore coverage of interest payments is not a concern.