Valvoline Balance Sheet Health
Financial Health criteria checks 3/6
Valvoline has a total shareholder equity of $64.8M and total debt of $1.6B, which brings its debt-to-equity ratio to 2439.2%. Its total assets and total liabilities are $2.7B and $2.6B respectively. Valvoline's EBIT is $308.6M making its interest coverage ratio 9.6. It has cash and short-term investments of $545.6M.
Key information
2,439.2%
Debt to equity ratio
US$1.58b
Debt
Interest coverage ratio | 9.6x |
Cash | US$545.60m |
Equity | US$64.80m |
Total liabilities | US$2.64b |
Total assets | US$2.71b |
Recent financial health updates
Does Valvoline (NYSE:VVV) Have A Healthy Balance Sheet?
Jan 15Does Valvoline (NYSE:VVV) Have A Healthy Balance Sheet?
Sep 05Here's Why Valvoline (NYSE:VVV) Can Manage Its Debt Responsibly
May 22We Think Valvoline (NYSE:VVV) Is Taking Some Risk With Its Debt
Feb 12Valvoline (NYSE:VVV) Has A Pretty Healthy Balance Sheet
May 25Recent updates
Valvoline Inc.'s (NYSE:VVV) Popularity With Investors Is Clear
Apr 10A Look At The Intrinsic Value Of Valvoline Inc. (NYSE:VVV)
Mar 23Valvoline (NYSE:VVV) Is Reinvesting At Lower Rates Of Return
Mar 05Valvoline: A Breakout Stock That Can Be Rewarding
Feb 20Valvoline's (NYSE:VVV) Promising Earnings May Rest On Soft Foundations
Feb 13At US$36.00, Is It Time To Put Valvoline Inc. (NYSE:VVV) On Your Watch List?
Feb 06Does Valvoline (NYSE:VVV) Have A Healthy Balance Sheet?
Jan 15What You Can Learn From Valvoline Inc.'s (NYSE:VVV) P/E
Dec 27Valvoline: Fiscal Health And Better Focus Are The Key (Rating Upgrade)
Dec 06Some Investors May Be Worried About Valvoline's (NYSE:VVV) Returns On Capital
Oct 02Valvoline: A Well-Oiled Machine
Sep 19Does Valvoline (NYSE:VVV) Have A Healthy Balance Sheet?
Sep 05Valvoline: Solid Business At Unattractive Valuation, Neutral
Aug 10Should You Think About Buying Valvoline Inc. (NYSE:VVV) Now?
Aug 09Valvoline's (NYSE:VVV) Returns On Capital Not Reflecting Well On The Business
Jun 12Here's Why Valvoline (NYSE:VVV) Can Manage Its Debt Responsibly
May 22Why Valvoline Inc. (NYSE:VVV) Could Be Worth Watching
May 02Here's What's Concerning About Valvoline's (NYSE:VVV) Returns On Capital
Mar 13We Think Valvoline (NYSE:VVV) Is Taking Some Risk With Its Debt
Feb 12Valvoline's Changes Opens Up Opportunities
Feb 03What Is Valvoline Inc.'s (NYSE:VVV) Share Price Doing?
Jan 24Valvoline (NYSE:VVV) Is Paying Out A Dividend Of $0.125
Nov 25Valvoline Q4 2022 Earnings Preview
Nov 14Is Valvoline Inc. (NYSE:VVV) Worth US$29.3 Based On Its Intrinsic Value?
Oct 29Valvoline Sale May Unlock Value In 2 Ways
Oct 27Valvoline: Simplifying
Oct 09Here's Why We Think Valvoline (NYSE:VVV) Might Deserve Your Attention Today
Sep 22Valvoline 4.25% 2030: Asset Sales Offer Coming
Sep 13Unlocking Value: Valvoline's Sale Of Its Global Products Business
Sep 07Valvoline (NYSE:VVV) Is Paying Out A Dividend Of $0.125
Aug 17Valvoline's 'Global Products' Sale To Aramco - A Rare Win-Win M&A Transaction
Aug 02Valvoline (NYSE:VVV) Is Paying Out A Dividend Of $0.125
Aug 02Valvoline Inc.'s (NYSE:VVV) Intrinsic Value Is Potentially 84% Above Its Share Price
Jul 20Valvoline's Transition Story Is A Growth Story
Jul 18Should You Investigate Valvoline Inc. (NYSE:VVV) At US$29.71?
Jul 06Does Valvoline (NYSE:VVV) Deserve A Spot On Your Watchlist?
Jun 23Valvoline: Potential Separation Event Highlights Underlying Value
Jun 09Valvoline's (NYSE:VVV) Dividend Will Be US$0.13
May 26Valvoline (NYSE:VVV) Has A Pretty Healthy Balance Sheet
May 25Valvoline's (NYSE:VVV) Dividend Will Be US$0.13
May 12Valvoline (NYSE:VVV) Has Announced A Dividend Of US$0.13
Apr 25Financial Position Analysis
Short Term Liabilities: VVV's short term assets ($710.6M) exceed its short term liabilities ($317.4M).
Long Term Liabilities: VVV's short term assets ($710.6M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: VVV's net debt to equity ratio (1597.2%) is considered high.
Reducing Debt: VVV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VVV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VVV's interest payments on its debt are well covered by EBIT (9.6x coverage).