Verbrec Balance Sheet Health
Financial Health criteria checks 5/6
Verbrec has a total shareholder equity of A$17.1M and total debt of A$7.8M, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are A$50.6M and A$33.5M respectively.
Key information
45.5%
Debt to equity ratio
AU$7.76m
Debt
Interest coverage ratio | n/a |
Cash | AU$5.91m |
Equity | AU$17.06m |
Total liabilities | AU$33.53m |
Total assets | AU$50.59m |
Recent financial health updates
We Think Verbrec (ASX:VBC) Has A Fair Chunk Of Debt
May 06Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Nov 10Is Verbrec (ASX:VBC) Using Too Much Debt?
Jun 05Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Dec 14Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Mar 29Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Dec 21Recent updates
We Think Verbrec (ASX:VBC) Has A Fair Chunk Of Debt
May 06There's Reason For Concern Over Verbrec Limited's (ASX:VBC) Massive 48% Price Jump
Feb 28Verbrec Limited's (ASX:VBC) 29% Share Price Plunge Could Signal Some Risk
Nov 24Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Nov 10Is Verbrec (ASX:VBC) Using Too Much Debt?
Jun 05Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Dec 14I Ran A Stock Scan For Earnings Growth And Verbrec (ASX:VBC) Passed With Ease
May 13Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Mar 29Declining Stock and Decent Financials: Is The Market Wrong About Verbrec Limited (ASX:VBC)?
Mar 03Is There More To The Story Than Verbrec's (ASX:VBC) Earnings Growth?
Jan 25Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Dec 21Is LogiCamms (ASX:LCM) Likely To Turn Things Around?
Nov 29Financial Position Analysis
Short Term Liabilities: VBC's short term assets (A$25.3M) exceed its short term liabilities (A$23.8M).
Long Term Liabilities: VBC's short term assets (A$25.3M) exceed its long term liabilities (A$9.7M).
Debt to Equity History and Analysis
Debt Level: VBC's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: VBC's debt to equity ratio has increased from 9.8% to 45.5% over the past 5 years.
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: VBC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: VBC has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 54.7% each year.