Vantage Towers Balance Sheet Health
Financial Health criteria checks 3/6
Vantage Towers has a total shareholder equity of €5.5B and total debt of €2.2B, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are €11.0B and €5.5B respectively. Vantage Towers's EBIT is €483.6M making its interest coverage ratio 5.7. It has cash and short-term investments of €177.5M.
Key information
39.7%
Debt to equity ratio
€2.20b
Debt
| Interest coverage ratio | 5.7x |
| Cash | €177.50m |
| Equity | €5.54b |
| Total liabilities | €5.49b |
| Total assets | €11.04b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTWR.F's short term assets (€599.8M) do not cover its short term liabilities (€3.1B).
Long Term Liabilities: VTWR.F's short term assets (€599.8M) do not cover its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: VTWR.F's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VTWR.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VTWR.F's debt is well covered by operating cash flow (36.3%).
Interest Coverage: VTWR.F's interest payments on its debt are well covered by EBIT (5.7x coverage).