Vintage Energy Balance Sheet Health
Financial Health criteria checks 4/6
Vintage Energy has a total shareholder equity of A$32.6M and total debt of A$8.1M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are A$54.1M and A$21.5M respectively.
Key information
24.8%
Debt to equity ratio
AU$8.10m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.03m |
| Equity | AU$32.58m |
| Total liabilities | AU$21.54m |
| Total assets | AU$54.12m |
Recent financial health updates
Would Vintage Energy (ASX:VEN) Be Better Off With Less Debt?
Oct 21
Is Vintage Energy (ASX:VEN) A Risky Investment?
Mar 21Here's Why We're Watching Vintage Energy's (ASX:VEN) Cash Burn Situation
Mar 18We're Keeping An Eye On Vintage Energy's (ASX:VEN) Cash Burn Rate
Oct 06Here's Why We're Watching Vintage Energy's (ASX:VEN) Cash Burn Situation
Jun 21We're Keeping An Eye On Vintage Energy's (ASX:VEN) Cash Burn Rate
Mar 05Recent updates
Would Vintage Energy (ASX:VEN) Be Better Off With Less Debt?
Oct 21Is Vintage Energy (ASX:VEN) A Risky Investment?
Mar 21Here's Why We're Watching Vintage Energy's (ASX:VEN) Cash Burn Situation
Mar 18We're Keeping An Eye On Vintage Energy's (ASX:VEN) Cash Burn Rate
Oct 06Here's Why We're Watching Vintage Energy's (ASX:VEN) Cash Burn Situation
Jun 21We're Keeping An Eye On Vintage Energy's (ASX:VEN) Cash Burn Rate
Mar 05How Many Vintage Energy Limited (ASX:VEN) Shares Did Insiders Buy, In The Last Year?
Dec 30
Financial Position Analysis
Short Term Liabilities: VEN's short term assets (A$5.2M) exceed its short term liabilities (A$2.9M).
Long Term Liabilities: VEN's short term assets (A$5.2M) do not cover its long term liabilities (A$18.7M).
Debt to Equity History and Analysis
Debt Level: VEN's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: VEN's debt to equity ratio has increased from 0% to 24.8% 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: VEN has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VEN is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.