Vertex Resource Group Financial Health

How is Vertex Resource Group's financial position?

Financial Health Score


Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: VTX's short term assets (CA$68.5M) exceed its short term liabilities (CA$57.2M).

Long Term Liabilities: VTX's short term assets (CA$68.5M) do not cover its long term liabilities (CA$92.9M).

Debt to Equity History and Analysis

Debt Level: VTX's net debt to equity ratio (131.5%) is considered high.

Reducing Debt: VTX's debt to equity ratio has increased from 90.1% to 132.3% over the past 5 years.

Debt Coverage: VTX's debt is not well covered by operating cash flow (15.6%).

Interest Coverage: VTX's interest payments on its debt are not well covered by EBIT (0.8x coverage).

Balance Sheet

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