Vencanna Ventures Balance Sheet Health
Financial Health criteria checks 5/6
Vencanna Ventures has a total shareholder equity of CA$6.1M and total debt of CA$1.7M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are CA$9.0M and CA$2.9M respectively.
Key information
27.8%
Debt to equity ratio
CA$1.70m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.94m |
| Equity | CA$6.10m |
| Total liabilities | CA$2.88m |
| Total assets | CA$8.98m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VENI's short term assets (CA$9.0M) exceed its short term liabilities (CA$654.3K).
Long Term Liabilities: VENI's short term assets (CA$9.0M) exceed its long term liabilities (CA$2.2M).
Debt to Equity History and Analysis
Debt Level: VENI has more cash than its total debt.
Reducing Debt: VENI's debt to equity ratio has increased from 0% to 27.8% 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: VENI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VENI has sufficient cash runway for 2.6 years if free cash flow continues to grow at historical rates of 9.9% each year.