Varia US Properties Balance Sheet Health
Financial Health criteria checks 1/6
Varia US Properties has a total shareholder equity of $389.6M and total debt of $854.1M, which brings its debt-to-equity ratio to 219.2%. Its total assets and total liabilities are $1.3B and $951.7M respectively. Varia US Properties's EBIT is $52.9M making its interest coverage ratio 1.2. It has cash and short-term investments of $43.2M.
Key information
219.2%
Debt to equity ratio
US$854.06m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$43.16m |
| Equity | US$389.65m |
| Total liabilities | US$951.71m |
| Total assets | US$1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VARN.F's short term assets ($68.7M) exceed its short term liabilities ($53.7M).
Long Term Liabilities: VARN.F's short term assets ($68.7M) do not cover its long term liabilities ($898.0M).
Debt to Equity History and Analysis
Debt Level: VARN.F's net debt to equity ratio (208.1%) is considered high.
Reducing Debt: VARN.F's debt to equity ratio has increased from 160.1% to 219.2% over the past 5 years.
Debt Coverage: VARN.F's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: VARN.F's interest payments on its debt are not well covered by EBIT (1.2x coverage).