Victory Square Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Victory Square Technologies has a total shareholder equity of CA$10.9M and total debt of CA$6.0M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are CA$21.8M and CA$10.9M respectively.
Key information
55.1%
Debt to equity ratio
CA$6.03m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.30m |
| Equity | CA$10.94m |
| Total liabilities | CA$10.89m |
| Total assets | CA$21.83m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VST's short term assets (CA$4.0M) do not cover its short term liabilities (CA$5.8M).
Long Term Liabilities: VST's short term assets (CA$4.0M) do not cover its long term liabilities (CA$5.1M).
Debt to Equity History and Analysis
Debt Level: VST's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: VST's debt to equity ratio has increased from 15.2% to 55.1% 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: VST has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VST has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.3% each year