Vertu Motors Balance Sheet Health
Financial Health criteria checks 5/6
Vertu Motors has a total shareholder equity of £355.6M and total debt of £138.6M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are £1.4B and £1.0B respectively. Vertu Motors's EBIT is £83.3M making its interest coverage ratio 5. It has cash and short-term investments of £47.9M.
Key information
39.0%
Debt to equity ratio
UK£138.57m
Debt
Interest coverage ratio | 5x |
Cash | UK£47.89m |
Equity | UK£355.57m |
Total liabilities | UK£1.02b |
Total assets | UK£1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTMT.F's short term assets (£837.1M) exceed its short term liabilities (£791.0M).
Long Term Liabilities: VTMT.F's short term assets (£837.1M) exceed its long term liabilities (£230.3M).
Debt to Equity History and Analysis
Debt Level: VTMT.F's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: VTMT.F's debt to equity ratio has increased from 20.4% to 39% over the past 5 years.
Debt Coverage: VTMT.F's debt is well covered by operating cash flow (40.9%).
Interest Coverage: VTMT.F's interest payments on its debt are well covered by EBIT (5x coverage).