Vatic Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Vatic Ventures has a total shareholder equity of CA$1.7M and total debt of CA$229.1K, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are CA$2.5M and CA$793.4K respectively.
Key information
13.8%
Debt to equity ratio
CA$229.13k
Debt
Interest coverage ratio | n/a |
Cash | CA$175.00 |
Equity | CA$1.66m |
Total liabilities | CA$793.41k |
Total assets | CA$2.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VCV's short term assets (CA$192.6K) do not cover its short term liabilities (CA$616.4K).
Long Term Liabilities: VCV's short term assets (CA$192.6K) exceed its long term liabilities (CA$177.0K).
Debt to Equity History and Analysis
Debt Level: VCV's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: VCV's debt to equity ratio has increased from 0% to 13.8% 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: VCV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VCV has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.6% each year.