VerticalScope Holdings Balance Sheet Health
Financial Health criteria checks 3/6
VerticalScope Holdings has a total shareholder equity of $80.7M and total debt of $58.0M, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are $153.0M and $72.3M respectively.
Key information
71.9%
Debt to equity ratio
US$58.05m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.02m |
| Equity | US$80.69m |
| Total liabilities | US$72.27m |
| Total assets | US$152.95m |
Recent financial health updates
No updates
Recent updates
VerticalScope Holdings Inc. (TSE:FORA) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 16
Some 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 ($22.5M) exceed its short term liabilities ($11.8M).
Long Term Liabilities: FORA's short term assets ($22.5M) do not cover its long term liabilities ($60.5M).
Debt to Equity History and Analysis
Debt Level: FORA's net debt to equity ratio (64.5%) is considered high.
Reducing Debt: Insufficient data to determine if FORA's debt to equity ratio has reduced 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: Whilst unprofitable FORA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FORA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.8% per year.