VEON Balance Sheet Health
Financial Health criteria checks 2/6
VEON has a total shareholder equity of $1.1B and total debt of $3.8B, which brings its debt-to-equity ratio to 350.9%. Its total assets and total liabilities are $8.2B and $7.1B respectively. VEON's EBIT is $921.0M making its interest coverage ratio 2. It has cash and short-term investments of $1.7B.
Key information
350.9%
Debt to equity ratio
US$3.78b
Debt
| Interest coverage ratio | 2x |
| Cash | US$1.74b |
| Equity | US$1.08b |
| Total liabilities | US$7.14b |
| Total assets | US$8.22b |
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 01What You Need To Know About VEON Ltd.'s (NASDAQ:VEON) Investor Composition
Mar 16VEON (NASDAQ:VEON) Share Prices Have Dropped 53% In The Last Three Years
Feb 09VEON, Mastercard inks global partnership to boost digital financial services
Feb 03Veon Is Engaged To Turkcell To Become An Emerging Markets Power Couple
Jan 29These 4 Measures Indicate That VEON (NASDAQ:VEON) Is Using Debt Extensively
Jan 05Financial Position Analysis
Short Term Liabilities: VEON's short term assets ($2.7B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: VEON's short term assets ($2.7B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: VEON's net debt to equity ratio (189.5%) is considered high.
Reducing Debt: VEON's debt to equity ratio has increased from 282.7% to 350.9% over the past 5 years.
Debt Coverage: VEON's debt is well covered by operating cash flow (59.2%).
Interest Coverage: VEON's interest payments on its debt are not well covered by EBIT (2x coverage).