Verde Clean Fuels Balance Sheet Health
Financial Health criteria checks 6/6
Verde Clean Fuels has a total shareholder equity of $27.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $30.1M and $3.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$25.94m |
Equity | US$26.95m |
Total liabilities | US$3.10m |
Total assets | US$30.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VGAS's short term assets ($27.4M) exceed its short term liabilities ($3.0M).
Long Term Liabilities: VGAS's short term assets ($27.4M) exceed its long term liabilities ($147.5K).
Debt to Equity History and Analysis
Debt Level: VGAS is debt free.
Reducing Debt: VGAS had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VGAS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VGAS has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 29.9% each year.