Vintage Energy Balance Sheet Health
Financial Health criteria checks 3/6
Vintage Energy has a total shareholder equity of A$29.7M and total debt of A$8.5M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are A$53.0M and A$23.4M respectively.
Key information
28.6%
Debt to equity ratio
AU$8.49m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$8.02m |
| Equity | AU$29.66m |
| Total liabilities | AU$23.36m |
| Total assets | AU$53.02m |
Recent financial health updates
Is Vintage Energy (ASX:VEN) Using Debt Sensibly?
Oct 04
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 21Recent updates
Is Vintage Energy (ASX:VEN) Using Debt Sensibly?
Oct 04Would 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$8.5M) exceed its short term liabilities (A$3.6M).
Long Term Liabilities: VEN's short term assets (A$8.5M) do not cover its long term liabilities (A$19.8M).
Debt to Equity History and Analysis
Debt Level: VEN's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: VEN's debt to equity ratio has increased from 0% to 28.6% 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 more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VEN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.