Vinyl Group Balance Sheet Health
Financial Health criteria checks 4/6
Vinyl Group has a total shareholder equity of A$5.7M and total debt of A$1.3M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are A$17.5M and A$11.8M respectively.
Key information
22.7%
Debt to equity ratio
AU$1.29m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.13m |
| Equity | AU$5.67m |
| Total liabilities | AU$11.81m |
| Total assets | AU$17.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNL's short term assets (A$6.1M) do not cover its short term liabilities (A$11.4M).
Long Term Liabilities: VNL's short term assets (A$6.1M) exceed its long term liabilities (A$411.4K).
Debt to Equity History and Analysis
Debt Level: VNL has more cash than its total debt.
Reducing Debt: VNL's debt to equity ratio has increased from 0.3% to 22.7% 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: VNL has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VNL is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.