Vintage Energy Balance Sheet Health
Financial Health criteria checks 3/6
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
Recent updates
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: Insufficient data to determine if VEN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.