VerticalScope Holdings Balance Sheet Health
Financial Health criteria checks 2/6
VerticalScope Holdings has a total shareholder equity of $81.7M and total debt of $42.6M, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are $137.4M and $55.6M respectively. VerticalScope Holdings's EBIT is $9.0M making its interest coverage ratio 2. It has cash and short-term investments of $5.8M.
Key information
52.1%
Debt to equity ratio
US$42.61m
Debt
| Interest coverage ratio | 2x |
| Cash | US$5.83m |
| Equity | US$81.75m |
| Total liabilities | US$55.63m |
| Total assets | US$137.38m |
Recent financial health updates
Recent updates
There's Reason For Concern Over VerticalScope Holdings Inc.'s (TSE:FORA) Massive 25% Price Jump
Feb 07
VerticalScope Holdings (TSE:FORA) Shareholders Will Want The ROCE Trajectory To Continue
Dec 03VerticalScope Holdings Inc.'s (TSE:FORA) Share Price Could Signal Some Risk
Nov 14Does VerticalScope Holdings (TSE:FORA) Have A Healthy Balance Sheet?
Jul 30VerticalScope Holdings Inc.'s (TSE:FORA) Share Price Could Signal Some Risk
Jun 26Earnings Beat: VerticalScope Holdings Inc. (TSE:FORA) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts
May 10VerticalScope Holdings Inc. (TSE:FORA) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 16Some Shareholders Feeling Restless Over VerticalScope Holdings Inc.'s (TSE:FORA) P/S Ratio
Feb 23VerticalScope Holdings Inc.'s (TSE:FORA) Shares May Have Run Too Fast Too Soon
Nov 10Here's What Analysts Are Forecasting For VerticalScope Holdings Inc. (TSE:FORA) After Its Yearly Results
Mar 10Is VerticalScope Holdings Inc. (TSE:FORA) Worth CA$26.1 Based On Its Intrinsic Value?
Oct 28Financial Position Analysis
Short Term Liabilities: FORA's short term assets ($22.4M) exceed its short term liabilities ($13.6M).
Long Term Liabilities: FORA's short term assets ($22.4M) do not cover its long term liabilities ($42.0M).
Debt to Equity History and Analysis
Debt Level: FORA's net debt to equity ratio (45%) is considered high.
Reducing Debt: Insufficient data to determine if FORA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FORA's debt is well covered by operating cash flow (52.6%).
Interest Coverage: FORA's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 16:58 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
VerticalScope Holdings Inc. is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gabriel Leung | Beacon Securities Limited |
| Aravinda Galappatthige | Canaccord Genuity |
| Todd Coupland | CIBC Capital Markets |