Venture Corporation Limited

OTCPK:VEML.Y Stock Report

Market Cap: US$3.0b

Venture Balance Sheet Health

Financial Health criteria checks 6/6

Venture has a total shareholder equity of SGD2.9B and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD3.6B and SGD773.5M respectively. Venture's EBIT is SGD272.0M making its interest coverage ratio -8.1. It has cash and short-term investments of SGD1.2B.

Key information

0%

Debt to equity ratio

S$0

Debt

Interest coverage ratio-8.1x
CashS$1.19b
EquityS$2.85b
Total liabilitiesS$773.47m
Total assetsS$3.63b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: VEML.Y's short term assets (SGD2.7B) exceed its short term liabilities (SGD755.4M).

Long Term Liabilities: VEML.Y's short term assets (SGD2.7B) exceed its long term liabilities (SGD18.1M).


Debt to Equity History and Analysis

Debt Level: VEML.Y is debt free.

Reducing Debt: VEML.Y has no debt compared to 5 years ago when its debt to equity ratio was 0.07%.

Debt Coverage: VEML.Y has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VEML.Y has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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