Ventripoint Diagnostics Balance Sheet Health
Financial Health criteria checks 5/6
Ventripoint Diagnostics has a total shareholder equity of CA$189.7K and total debt of CA$138.1K, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are CA$1.9M and CA$1.7M respectively.
Key information
72.8%
Debt to equity ratio
CA$138.06k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.29m |
Equity | CA$189.71k |
Total liabilities | CA$1.69m |
Total assets | CA$1.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VPT's short term assets (CA$1.6M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: VPT's short term assets (CA$1.6M) exceed its long term liabilities (CA$297.0K).
Debt to Equity History and Analysis
Debt Level: VPT has more cash than its total debt.
Reducing Debt: VPT's debt to equity ratio has increased from 0% to 72.8% 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: VPT has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VPT is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.