Vertua Balance Sheet Health
Financial Health criteria checks 2/6
Vertua has a total shareholder equity of A$12.5M and total debt of A$5.9M, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are A$24.4M and A$11.8M respectively.
Key information
47.4%
Debt to equity ratio
AU$5.94m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.14m |
| Equity | AU$12.54m |
| Total liabilities | AU$11.81m |
| Total assets | AU$24.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VER's short term assets (A$2.2M) do not cover its short term liabilities (A$2.3M).
Long Term Liabilities: VER's short term assets (A$2.2M) do not cover its long term liabilities (A$9.5M).
Debt to Equity History and Analysis
Debt Level: VER's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: VER's debt to equity ratio has reduced from 153.1% to 47.4% over the past 5 years.
Debt Coverage: VER's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VER's interest payments on its debt are well covered by EBIT.