Venus Metals Balance Sheet Health
Financial Health criteria checks 6/6
Venus Metals has a total shareholder equity of A$25.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$26.1M and A$424.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$701.97k |
Equity | AU$25.64m |
Total liabilities | AU$424.04k |
Total assets | AU$26.07m |
Recent financial health updates
Here's Why Venus Metals (ASX:VMC) Can Afford Some Debt
Oct 13Is Venus Metals (ASX:VMC) Using Debt Sensibly?
Apr 28Is Venus Metals (ASX:VMC) Using Debt In A Risky Way?
Oct 24Recent updates
Venus Metals' (ASX:VMC) Earnings Might Not Be As Promising As They Seem
Oct 01Shareholders May Not Be So Generous With Venus Metals Corporation Limited's (ASX:VMC) CEO Compensation And Here's Why
Nov 09Here's Why Venus Metals (ASX:VMC) Can Afford Some Debt
Oct 13Is Venus Metals (ASX:VMC) Using Debt Sensibly?
Apr 28Is Venus Metals (ASX:VMC) Using Debt In A Risky Way?
Oct 24Financial Position Analysis
Short Term Liabilities: VMC's short term assets (A$1.1M) exceed its short term liabilities (A$397.7K).
Long Term Liabilities: VMC's short term assets (A$1.1M) exceed its long term liabilities (A$26.3K).
Debt to Equity History and Analysis
Debt Level: VMC is debt free.
Reducing Debt: VMC has no debt compared to 5 years ago when its debt to equity ratio was 9.8%.
Debt Coverage: VMC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VMC has no debt, therefore coverage of interest payments is not a concern.