Largo Physical Vanadium Corp.

TSXV:VAND Stock Report

Mkt Cap: CA$32.1m

Largo Physical Vanadium Financial Health

Financial Health criteria checks 6/6

Largo Physical Vanadium has a total shareholder equity of CA$29.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$31.0M and CA$1.5M respectively. Largo Physical Vanadium's EBIT is CA$2.4M making its interest coverage ratio -13.6. It has cash and short-term investments of CA$1.5M.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ratio-13.6x
CashCA$1.47m
EquityCA$29.51m
Total liabilitiesCA$1.54m
Total assetsCA$31.05m

Recent financial health updates

Recent updates

We Think Largo Physical Vanadium (CVE:VAND) Needs To Drive Business Growth Carefully

Feb 01
We Think Largo Physical Vanadium (CVE:VAND) Needs To Drive Business Growth Carefully

Financial Position Analysis

Short Term Liabilities: VAND's short term assets (CA$3.2M) exceed its short term liabilities (CA$403.7K).

Long Term Liabilities: VAND's short term assets (CA$3.2M) exceed its long term liabilities (CA$1.1M).


Debt to Equity History and Analysis

Debt Level: VAND is debt free.

Reducing Debt: VAND has not had any debt for past 5 years.

Debt Coverage: VAND has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VAND has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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