Largo Physical Vanadium Balance Sheet Health
Financial Health criteria checks 6/6
Largo Physical Vanadium has a total shareholder equity of $17.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $17.8M and $390.0K respectively. Largo Physical Vanadium's EBIT is $1.7M making its interest coverage ratio -133. It has cash and short-term investments of $998.2K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -133x |
| Cash | US$998.16k |
| Equity | US$17.45m |
| Total liabilities | US$390.03k |
| Total assets | US$17.84m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VAND's short term assets ($1.0M) exceed its short term liabilities ($390.0K).
Long Term Liabilities: VAND has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VAND is debt free.
Reducing Debt: VAND has not had any debt for 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: Whilst unprofitable VAND has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VAND is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 105% per year.