Ventia Services Group (ASX:VNT) Debt-to-Equity : 1.54 (As of Dec. 2023)

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What is Ventia Services Group Debt-to-Equity?

Ventia Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$46 Mil. Ventia Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$833 Mil. Ventia Services Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$570 Mil. Ventia Services Group's debt to equity for the quarter that ended in Dec. 2023 was 1.54.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ventia Services Group's Debt-to-Equity or its related term are showing as below:

ASX:VNT' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.54 Med: 1.68 Max: 2.27
Current: 1.54

During the past 3 years, the highest Debt-to-Equity Ratio of Ventia Services Group was 2.27. The lowest was 1.54. And the median was 1.68.

ASX:VNT's Debt-to-Equity is ranked worse than
86.98% of 1505 companies
in the Construction industry
Industry Median: 0.43 vs ASX:VNT: 1.54

Ventia Services Group Debt-to-Equity Historical Data

The historical data trend for Ventia Services Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ventia Services Group Debt-to-Equity Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

2.27

1.68

1.54

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	2.27	1.77	1.68	1.62	1.54

Competitive Comparison of Ventia Services Group's Debt-to-Equity

For the Infrastructure Operations subindustry, Ventia Services Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ventia Services Group's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ventia Services Group's Debt-to-Equity falls into.

Ventia Services Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ventia Services Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(46.2	+	833.1)	/	570.2
	=	1.54

Ventia Services Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(46.2	+	833.1)	/	570.2
	=	1.54

Ventia Services Group (ASX:VNT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ventia Services Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ventia Services Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Ventia Services Group (ASX:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Debt-to-Equity

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.