Veris Balance Sheet Health

Financial Health criteria checks 5/6

Veris tiene unos fondos propios totales de A$28.8M y una deuda total de A$5.0M, lo que sitúa su ratio deuda/fondos propios en 17.5%. Sus activos y pasivos totales son A$69.5M y A$40.7M respectivamente. Veris El EBIT de la empresa es de A$1.8M, por lo que su ratio de cobertura de intereses es de 2.2. Su tesorería e inversiones a corto plazo ascienden a A$17.3M.

Key information

16.8%

Debt to equity ratio

AU$4.76m

Debt

Interest coverage ratio	1.9x
Cash	AU$16.70m
Equity	AU$28.29m
Total liabilities	AU$38.09m
Total assets	AU$66.38m

Recent financial health updates

Recent updates

We Think Veris (ASX:VRS) Can Stay On Top Of Its Debt

Mar 27

Investors Aren't Entirely Convinced By Veris Limited's (ASX:VRS) Revenues

Mar 01

The Return Trends At Veris (ASX:VRS) Look Promising

Jan 19

Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals

Mar 06

Is Veris (ASX:VRS) Using Too Much Debt?

Jun 29

Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?

May 14

Should You Take Comfort From Insider Transactions At Veris Limited (ASX:VRS)?

Mar 05

Is Veris (ASX:VRS) Using Debt In A Risky Way?

Dec 22

Financial Position Analysis

Pasivos a corto plazo: VRSLos activos a corto plazo (A$39.1M) de la empresa superan a sus pasivos a corto plazo (A$21.4M).

Pasivo a largo plazo: VRSLos activos a corto plazo (A$39.1M) superan a sus pasivos a largo plazo (A$19.3M).

Debt to Equity History and Analysis

Nivel de deuda: VRS tiene más efectivo que su deuda total.

Reducción de la deuda: VRS ha pasado de 20% a 17.5% en los últimos 5 años.

Cobertura de la deuda: VRSLa deuda de la empresa está bien cubierta por el flujo de caja operativo (159.1%).

Cobertura de intereses: VRSLos pagos de intereses de su deuda no están bien cubiertos por el EBIT (2.2x cobertura).

Balance Sheet

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Veris Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

We Think Veris (ASX:VRS) Can Stay On Top Of Its Debt

Is Veris (ASX:VRS) Using Too Much Debt?

Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?

Is Veris (ASX:VRS) Using Debt In A Risky Way?

Recent updates

We Think Veris (ASX:VRS) Can Stay On Top Of Its Debt

Now 25% overvalued

New minor risk - Dividend sustainability

Investors Aren't Entirely Convinced By Veris Limited's (ASX:VRS) Revenues

First half 2024 earnings released: EPS: AU$0.001 (vs AU$0.001 in 1H 2023)

Veris Limited to Report First Half, 2024 Final Results on Feb 26, 2024

The Return Trends At Veris (ASX:VRS) Look Promising

Full year 2023 earnings released: EPS: AU$0.002 (vs AU$0.001 in FY 2022)

Veris Limited, Annual General Meeting, Oct 18, 2023

New minor risk - Financial data availability

Veris Limited Has Declares Dividend for Twelve Months Ended June 6, 2023, Payable on November 7, 2023

Veris Limited to Report Fiscal Year 2023 Results on Aug 28, 2023

Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals

First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.003 loss in 1H 2022)

Less than half of directors are independent

Veris Limited, Annual General Meeting, Oct 19, 2022

Full year 2022 earnings released

Veris Limited to Report Fiscal Year 2022 Results on Aug 29, 2022

Veris Limited Provides Earnings Guidance for the Full Year 2022

Is Veris (ASX:VRS) Using Too Much Debt?

Veris Limited Announces Board Changes, Effective 1 June 2022

Less than half of directors are independent

Independent Non-Executive Chairman recently bought AU$130k worth of stock

Less than half of directors are independent

Veris Limited Announces Appointment of Tracey Gosling as Non Executive Director

Insider recently bought AU$320k worth of stock

Veris Limited to Report First Half, 2022 Results on Feb 28, 2022

Insider recently bought AU$387k worth of stock

Independent Non-Executive Director recently bought AU$139k worth of stock

Full year 2021 earnings released: AU$0.003 loss per share (vs AU$0.061 loss in FY 2020)

Insider recently bought AU$60k worth of stock

Veris Limited (ASX:VRS) completed the acquisition of 49% stake in Wumara Group PTY LTD.

Independent Non-Executive Director has left the company

Veris Limited has completed a Follow-on Equity Offering in the amount of AUD 7.4955 million.

Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?

Should You Take Comfort From Insider Transactions At Veris Limited (ASX:VRS)?

Veris Limited has completed a Follow-on Equity Offering in the amount of AUD 7.4955 million.

Is Veris (ASX:VRS) Using Debt In A Risky Way?

Aqura Technologies Signs Multi Year Agreement with Bunnings

Veris Limited Announces the Change of Company Secretary

Insider recently sold AU$216k worth of stock

Full year earnings released - AU$0.061 loss per share

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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