Venture Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Venture Minerals has a total shareholder equity of A$2.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.9M and A$1.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.07m |
Equity | AU$2.38m |
Total liabilities | AU$1.52m |
Total assets | AU$3.89m |
Recent financial health updates
We Think Venture Minerals (ASX:VMS) Needs To Drive Business Growth Carefully
Dec 01Is Venture Minerals (ASX:VMS) In A Good Position To Deliver On Growth Plans?
Aug 04Recent updates
We Think Venture Minerals (ASX:VMS) Needs To Drive Business Growth Carefully
Dec 01Is Venture Minerals (ASX:VMS) In A Good Position To Deliver On Growth Plans?
Aug 04The Compensation For Venture Minerals Limited's (ASX:VMS) CEO Looks Deserved And Here's Why
Apr 21How Should Investors React To Venture Minerals' (ASX:VMS) CEO Pay?
Jan 20Financial Position Analysis
Short Term Liabilities: VMS's short term assets (A$2.4M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: VMS's short term assets (A$2.4M) exceed its long term liabilities (A$449.5K).
Debt to Equity History and Analysis
Debt Level: VMS is debt free.
Reducing Debt: VMS has not had any debt for 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: VMS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VMS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28% each year