Veganz Group Balance Sheet Health
Financial Health criteria checks 3/6
Veganz Group has a total shareholder equity of €11.9M and total debt of €11.7M, which brings its debt-to-equity ratio to 98.5%. Its total assets and total liabilities are €29.2M and €17.3M respectively.
Key information
98.5%
Debt to equity ratio
€11.67m
Debt
Interest coverage ratio | n/a |
Cash | €8.99m |
Equity | €11.85m |
Total liabilities | €17.33m |
Total assets | €29.18m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VEZ's short term assets (€14.9M) exceed its short term liabilities (€5.6M).
Long Term Liabilities: VEZ's short term assets (€14.9M) exceed its long term liabilities (€11.7M).
Debt to Equity History and Analysis
Debt Level: VEZ's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VEZ'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: Insufficient data to determine if VEZ has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VEZ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.