Vectus Biosystems Balance Sheet Health
Financial Health criteria checks 4/6
Vectus Biosystems has a total shareholder equity of A$1.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.0M and A$539.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$808.97k |
| Equity | AU$1.49m |
| Total liabilities | AU$539.26k |
| Total assets | AU$2.03m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VBS's short term assets (A$1.8M) exceed its short term liabilities (A$534.7K).
Long Term Liabilities: VBS's short term assets (A$1.8M) exceed its long term liabilities (A$4.6K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VBS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.1% each year