Vibe Growth Balance Sheet Health
Financial Health criteria checks 2/6
Vibe Growth has a total shareholder equity of $1.1M and total debt of $931.4K, which brings its debt-to-equity ratio to 86.3%. Its total assets and total liabilities are $16.3M and $15.2M respectively.
Key information
86.3%
Debt to equity ratio
US$931.41k
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.17m |
| Equity | US$1.08m |
| Total liabilities | US$15.20m |
| Total assets | US$16.28m |
Recent financial health updates
Does Vibe Growth (CSE:VIBE) Have A Healthy Balance Sheet?
Aug 28
Is Vibe Growth (CSE:VIBE) Using Too Much Debt?
Sep 20Vibe Growth (CSE:VIBE) Seems To Use Debt Quite Sensibly
Jun 01Does Vibe Growth (CSE:VIBE) Have A Healthy Balance Sheet?
Dec 22
Recent updates
There's No Escaping Vibe Growth Corporation's (CSE:VIBE) Muted Revenues Despite A 50% Share Price Rise
Mar 22Revenues Working Against Vibe Growth Corporation's (CSE:VIBE) Share Price Following 38% Dive
Dec 23Positive Sentiment Still Eludes Vibe Growth Corporation (CSE:VIBE) Following 28% Share Price Slump
Apr 17It's Down 28% But Vibe Growth Corporation (CSE:VIBE) Could Be Riskier Than It Looks
Apr 17Does Vibe Growth (CSE:VIBE) Have A Healthy Balance Sheet?
Aug 28Is Vibe Growth (CSE:VIBE) Using Too Much Debt?
Sep 20Vibe Growth's (CSE:VIBE) Earnings Are Of Questionable Quality
Jun 03Vibe Growth (CSE:VIBE) Seems To Use Debt Quite Sensibly
Jun 01Does Vibe Growth (CSE:VIBE) Have A Healthy Balance Sheet?
Dec 22Financial Position Analysis
Short Term Liabilities: VIBE's short term assets ($4.5M) do not cover its short term liabilities ($12.4M).
Long Term Liabilities: VIBE's short term assets ($4.5M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: VIBE has more cash than its total debt.
Reducing Debt: VIBE's debt to equity ratio has increased from 0% to 86.3% 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: VIBE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VIBE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.6% each year