This company has been acquired
Via Renewables Balance Sheet Health
Financial Health criteria checks 6/6
Via Renewables has a total shareholder equity of $143.5M and total debt of $91.0M, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are $302.7M and $159.1M respectively. Via Renewables's EBIT is $78.3M making its interest coverage ratio 9.2. It has cash and short-term investments of $57.4M.
Key information
63.4%
Debt to equity ratio
US$91.00m
Debt
| Interest coverage ratio | 9.2x |
| Cash | US$57.38m |
| Equity | US$143.51m |
| Total liabilities | US$159.15m |
| Total assets | US$302.66m |
Recent financial health updates
We Think Via Renewables (NASDAQ:VIA) Is Taking Some Risk With Its Debt
Nov 05
Is Via Renewables (NASDAQ:VIA) Using Debt In A Risky Way?
Jun 15We Think Via Renewables (NASDAQ:VIA) Has A Fair Chunk Of Debt
Mar 01Via Renewables (NASDAQ:VIA) Has A Rock Solid Balance Sheet
Aug 12Spark Energy (NASDAQ:SPKE) Could Easily Take On More Debt
Feb 18Recent updates
We Think Via Renewables (NASDAQ:VIA) Is Taking Some Risk With Its Debt
Nov 05The Returns On Capital At Via Renewables (NASDAQ:VIA) Don't Inspire Confidence
Sep 29Is Via Renewables (NASDAQ:VIA) Using Debt In A Risky Way?
Jun 15We Think Via Renewables (NASDAQ:VIA) Has A Fair Chunk Of Debt
Mar 01Via Renewables' (NASDAQ:VIA) Dividend Will Be $0.1813
Nov 18Via Renewables (NASDAQ:VIA) Is Due To Pay A Dividend Of $0.1813
Nov 04Via Renewables: Power Fading Away
Sep 10Via Renewables (NASDAQ:VIA) Has A Rock Solid Balance Sheet
Aug 12Via Renewables declares $0.1813 dividend
Jul 21Via Renewables announces new $195M credit facility
Jul 06A Look At The Intrinsic Value Of Via Renewables, Inc. (NASDAQ:VIA)
Jun 15Via Renewables: Muted Results, 10% Dividend Yield, 35% FCF Yield
May 09Via Renewables (NASDAQ:VIA) Is Due To Pay A Dividend Of US$0.18
May 09Via Renewables (NASDAQ:VIA) Is Due To Pay A Dividend Of US$0.18
Apr 25Via Renewables: 9% Dividend Yield, 33% FCF Yield, Buying Opportunity
Mar 29Via Renewables' (NASDAQ:VIA) Dividend Will Be US$0.18
Jan 24Via Renewables (NASDAQ:VIA) Will Pay A Dividend Of US$0.18
Oct 25Spark Energy (NASDAQ:VIA) Has Re-Affirmed Its Dividend Of US$0.18
Aug 11Spark Energy (NASDAQ:SPKE) Has Affirmed Its Dividend Of US$0.18
Jul 26Spark Energy, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 07Is Spark Energy, Inc.'s (NASDAQ:SPKE) 7.4% Dividend Worth Your Time?
May 07Spark Energy reports Q1 results
May 05Here's Why We Think Spark Energy (NASDAQ:SPKE) Is Well Worth Watching
Mar 30Did Spark Energy, Inc. (NASDAQ:SPKE) Insiders Sell Shares?
Mar 12Spark Energy, Inc. (NASDAQ:SPKE) Will Pay A US$0.18 Dividend In Three Days
Feb 22Spark Energy (NASDAQ:SPKE) Could Easily Take On More Debt
Feb 18Spark Energy, Inc.'s (NASDAQ:SPKE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 28Is Spark Energy, Inc. (NASDAQ:SPKE) A Great Dividend Stock?
Jan 07Financial Position Analysis
Short Term Liabilities: VIA's short term assets ($159.3M) exceed its short term liabilities ($68.0M).
Long Term Liabilities: VIA's short term assets ($159.3M) exceed its long term liabilities ($91.1M).
Debt to Equity History and Analysis
Debt Level: VIA's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: VIA's debt to equity ratio has reduced from 65.9% to 63.4% over the past 5 years.
Debt Coverage: VIA's debt is well covered by operating cash flow (58.6%).
Interest Coverage: VIA's interest payments on its debt are well covered by EBIT (9.2x coverage).