Venus Metals Corporation Limited

ASX:VMC Stock Report

Market Cap: AU$13.3m

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 ration/a
CashAU$701.97k
EquityAU$25.64m
Total liabilitiesAU$424.04k
Total assetsAU$26.07m

Recent financial health updates

Recent updates

Venus Metals' (ASX:VMC) Earnings Might Not Be As Promising As They Seem

Oct 01
Venus Metals' (ASX:VMC) Earnings Might Not Be As Promising As They Seem

Shareholders May Not Be So Generous With Venus Metals Corporation Limited's (ASX:VMC) CEO Compensation And Here's Why

Nov 09
Shareholders May Not Be So Generous With Venus Metals Corporation Limited's (ASX:VMC) CEO Compensation And Here's Why

Here's Why Venus Metals (ASX:VMC) Can Afford Some Debt

Oct 13
Here's Why Venus Metals (ASX:VMC) Can Afford Some Debt

Is Venus Metals (ASX:VMC) Using Debt Sensibly?

Apr 28
Is Venus Metals (ASX:VMC) Using Debt Sensibly?

Is Venus Metals (ASX:VMC) Using Debt In A Risky Way?

Oct 24
Is Venus Metals (ASX:VMC) Using Debt In A Risky Way?

Financial 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.


Balance Sheet


Discover healthy companies