This company listing is no longer active
Veratin Balance Sheet Health
Financial Health criteria checks 4/6
Veratin has a total shareholder equity of A$162.4K and total debt of A$77.3K, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are A$388.3K and A$225.8K respectively.
Key information
47.6%
Debt to equity ratio
AU$77.30k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$21.53k |
| Equity | AU$162.45k |
| Total liabilities | AU$225.81k |
| Total assets | AU$388.25k |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: VTN's short term assets (A$99.2K) do not cover its short term liabilities (A$188.8K).
Long Term Liabilities: VTN's short term assets (A$99.2K) exceed its long term liabilities (A$37.0K).
Debt to Equity History and Analysis
Debt Level: VTN's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VTN's debt to equity ratio has reduced 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: VTN has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VTN is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.