Vectus Biosystems Balance Sheet Health
Financial Health criteria checks 6/6
Vectus Biosystems 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$3.2M and A$837.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.09m |
Equity | AU$2.37m |
Total liabilities | AU$837.48k |
Total assets | AU$3.21m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VBS's short term assets (A$3.0M) exceed its short term liabilities (A$808.0K).
Long Term Liabilities: VBS's short term assets (A$3.0M) exceed its long term liabilities (A$29.5K).
Debt to Equity History and Analysis
Debt Level: VBS is debt free.
Reducing Debt: VBS currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: VBS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VBS has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 13% each year.