Vection Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Vection Technologies has a total shareholder equity of A$9.6M and total debt of A$8.9M, which brings its debt-to-equity ratio to 92.9%. Its total assets and total liabilities are A$46.2M and A$36.7M respectively.
Key information
92.9%
Debt to equity ratio
AU$8.87m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.60m |
| Equity | AU$9.56m |
| Total liabilities | AU$36.65m |
| Total assets | AU$46.21m |
Recent financial health updates
Vection Technologies (ASX:VR1) Is Making Moderate Use Of Debt
Apr 29
Health Check: How Prudently Does Vection Technologies (ASX:VR1) Use Debt?
Dec 28Health Check: How Prudently Does Vection Technologies (ASX:VR1) Use Debt?
Jun 06Health Check: How Prudently Does Vection Technologies (ASX:VR1) Use Debt?
Mar 03Is Vection Technologies (ASX:VR1) Using Too Much Debt?
Nov 01Vection Technologies (ASX:VR1) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Mar 21Recent updates
Positive Sentiment Still Eludes Vection Technologies Limited (ASX:VR1) Following 43% Share Price Slump
Sep 29Market Still Lacking Some Conviction On Vection Technologies Limited (ASX:VR1)
Aug 13Vection Technologies (ASX:VR1) Is Making Moderate Use Of Debt
Apr 29Vection Technologies Limited (ASX:VR1) Stock Rockets 28% But Many Are Still Ignoring The Company
Feb 28Health Check: How Prudently Does Vection Technologies (ASX:VR1) Use Debt?
Dec 28Vection Technologies Limited (ASX:VR1) Might Not Be As Mispriced As It Looks After Plunging 30%
Nov 02Health Check: How Prudently Does Vection Technologies (ASX:VR1) Use Debt?
Jun 06Health Check: How Prudently Does Vection Technologies (ASX:VR1) Use Debt?
Mar 03Is Vection Technologies (ASX:VR1) Using Too Much Debt?
Nov 01Vection Technologies (ASX:VR1) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Mar 21Is Vection Technologies (ASX:VR1) Using Debt In A Risky Way?
Sep 06Announcing: Vection Technologies (ASX:VR1) Stock Soared An Exciting 419% In The Last Year
Jan 07
Financial Position Analysis
Short Term Liabilities: VR1's short term assets (A$23.8M) do not cover its short term liabilities (A$27.7M).
Long Term Liabilities: VR1's short term assets (A$23.8M) exceed its long term liabilities (A$9.0M).
Debt to Equity History and Analysis
Debt Level: VR1's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: VR1's debt to equity ratio has increased from 0% to 92.9% 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: VR1 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: VR1 has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 32.9% each year.