VEON Balance Sheet Health
Financial Health criteria checks 2/6
VEON has a total shareholder equity of $1.1B and total debt of $3.3B, which brings its debt-to-equity ratio to 296.8%. Its total assets and total liabilities are $7.3B and $6.2B respectively. VEON's EBIT is $968.0M making its interest coverage ratio 2.1. It has cash and short-term investments of $1.4B.
Key information
296.8%
Debt to equity ratio
US$3.34b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$1.43b |
| Equity | US$1.13b |
| Total liabilities | US$6.20b |
| Total assets | US$7.33b |
Recent financial health updates
Recent updates
It's A Story Of Risk Vs Reward With VEON Ltd. (NASDAQ:VEON)
May 03
Here's Why VEON (NASDAQ:VEON) Has A Meaningful Debt Burden
Apr 15Veon notes third quarter boosting its 2022 revenue pace
Sep 16VEON: Waiting For The Explosive Catalyst Of Peace
Aug 16VEON's Banglalink signs tower sharing deal in Bangladesh
Aug 03Veon management boosts ownership via share awards
Jul 11VEON reports revenue growth 1.3% Y/Y for 5M22
Jun 29VEON: Value So Deep Otto Lidenbrock Wouldn't Find It
Mar 15These 4 Measures Indicate That VEON (NASDAQ:VEON) Is Using Debt Extensively
Mar 01VEON: A Reason For Optimism
Feb 09Is VEON Ltd. (NASDAQ:VEON) Potentially Undervalued?
Dec 28Here's Why VEON (NASDAQ:VEON) Has A Meaningful Debt Burden
Nov 15Upbeat VEON Q3 Earnings With Catalysts Kicking In
Oct 30Is VEON (NASDAQ:VEON) A Risky Investment?
Aug 16The Catalysts For A Higher VEON Valuation
Aug 11VEON makes AdTech acquisition in Russia
Jun 16Buy VEON's Crown Jewels On A Discount Now And Then Be Patient
Jun 01VEON Ltd. (NASDAQ:VEON) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
May 01Financial Position Analysis
Short Term Liabilities: VEON's short term assets ($2.4B) do not cover its short term liabilities ($3.1B).
Long Term Liabilities: VEON's short term assets ($2.4B) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: VEON's net debt to equity ratio (169.4%) is considered high.
Reducing Debt: VEON's debt to equity ratio has reduced from 336.9% to 296.8% over the past 5 years.
Debt Coverage: VEON's debt is well covered by operating cash flow (63.2%).
Interest Coverage: VEON's interest payments on its debt are not well covered by EBIT (2.1x coverage).