VERSES AI Balance Sheet Health
Financial Health criteria checks 5/6
VERSES AI has a total shareholder equity of $7.4M and total debt of $141.5K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are $11.4M and $4.0M respectively.
Key information
1.9%
Debt to equity ratio
US$141.52k
Debt
Interest coverage ratio | n/a |
Cash | US$5.78m |
Equity | US$7.37m |
Total liabilities | US$4.03m |
Total assets | US$11.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VERS's short term assets ($11.1M) exceed its short term liabilities ($3.9M).
Long Term Liabilities: VERS's short term assets ($11.1M) exceed its long term liabilities ($141.5K).
Debt to Equity History and Analysis
Debt Level: VERS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if VERS'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: VERS has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VERS is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.