VRX Silica Balance Sheet Health
Financial Health criteria checks 6/6
VRX Silica has a total shareholder equity of A$18.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$19.1M and A$1.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.17m |
| Equity | AU$18.01m |
| Total liabilities | AU$1.06m |
| Total assets | AU$19.07m |
Recent financial health updates
We Think VRX Silica (ASX:VRX) Needs To Drive Business Growth Carefully
Jul 17
Is VRX Silica (ASX:VRX) In A Good Position To Deliver On Growth Plans?
Mar 31We're Not Very Worried About VRX Silica's (ASX:VRX) Cash Burn Rate
Nov 13We're Not Worried About VRX Silica's (ASX:VRX) Cash Burn
Mar 17Recent updates
Financial Position Analysis
Short Term Liabilities: VRX's short term assets (A$2.4M) exceed its short term liabilities (A$768.7K).
Long Term Liabilities: VRX's short term assets (A$2.4M) exceed its long term liabilities (A$293.6K).
Debt to Equity History and Analysis
Debt Level: VRX is debt free.
Reducing Debt: VRX had no debt 5 years ago.
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: VRX has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VRX is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.