This company listing is no longer active
Very Good Food Balance Sheet Health
Financial Health criteria checks 3/6
Very Good Food has a total shareholder equity of CA$15.2M and total debt of CA$6.8M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are CA$46.5M and CA$31.3M respectively.
Key information
44.8%
Debt to equity ratio
CA$6.79m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$707.99k |
| Equity | CA$15.16m |
| Total liabilities | CA$31.31m |
| Total assets | CA$46.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0SI's short term assets (CA$14.3M) do not cover its short term liabilities (CA$18.6M).
Long Term Liabilities: 0SI's short term assets (CA$14.3M) exceed its long term liabilities (CA$12.7M).
Debt to Equity History and Analysis
Debt Level: 0SI's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: Insufficient data to determine if 0SI'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: 0SI has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 0SI is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.