VerticalScope Holdings Balance Sheet Health
Financial Health criteria checks 4/6
VerticalScope Holdings has a total shareholder equity of $82.7M and total debt of $38.7M, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are $132.4M and $49.7M respectively. VerticalScope Holdings's EBIT is $7.3M making its interest coverage ratio 1.8. It has cash and short-term investments of $5.2M.
Key information
46.8%
Debt to equity ratio
US$38.69m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$5.19m |
| Equity | US$82.69m |
| Total liabilities | US$49.72m |
| Total assets | US$132.41m |
Recent financial health updates
We Think VerticalScope Holdings (TSE:FORA) Can Stay On Top Of Its Debt
Feb 28
Does VerticalScope Holdings (TSE:FORA) Have A Healthy Balance Sheet?
Jul 30Recent updates
We Think VerticalScope Holdings (TSE:FORA) Can Stay On Top Of Its Debt
Feb 28There's Reason For Concern Over VerticalScope Holdings Inc.'s (TSE:FORA) Massive 25% Price Jump
Feb 07VerticalScope 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 ($22.0M) exceed its short term liabilities ($10.2M).
Long Term Liabilities: FORA's short term assets ($22.0M) do not cover its long term liabilities ($39.5M).
Debt to Equity History and Analysis
Debt Level: FORA's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: FORA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 18.9% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/17 12:31 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 10 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 |