Vertical Exploration Balance Sheet Health
Financial Health criteria checks 2/6
Vertical Exploration has a total shareholder equity of CA$5.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.0M and CA$692.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$117.89k |
| Equity | CA$5.26m |
| Total liabilities | CA$692.43k |
| Total assets | CA$5.95m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VERT's short term assets (CA$136.2K) do not cover its short term liabilities (CA$532.2K).
Long Term Liabilities: VERT's short term assets (CA$136.2K) do not cover its long term liabilities (CA$160.2K).
Debt to Equity History and Analysis
Debt Level: VERT is debt free.
Reducing Debt: VERT had no debt 5 years ago.
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: VERT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VERT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.4% each year