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 |
Cash | CA$1.47m |
Equity | CA$29.51m |
Total liabilities | CA$1.54m |
Total assets | CA$31.05m |
Recent financial health updates
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.