Vintage Wine Estates Balance Sheet Health
Financial Health criteria checks 2/6
Vintage Wine Estates has a total shareholder equity of $110.9M and total debt of $305.6M, which brings its debt-to-equity ratio to 275.6%. Its total assets and total liabilities are $502.5M and $391.6M respectively.
Key information
275.6%
Debt to equity ratio
US$305.60m
Debt
Interest coverage ratio | n/a |
Cash | US$25.46m |
Equity | US$110.87m |
Total liabilities | US$391.64m |
Total assets | US$502.51m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8HQ's short term assets ($252.0M) do not cover its short term liabilities ($366.4M).
Long Term Liabilities: 8HQ's short term assets ($252.0M) exceed its long term liabilities ($25.3M).
Debt to Equity History and Analysis
Debt Level: 8HQ's net debt to equity ratio (252.7%) is considered high.
Reducing Debt: 8HQ's debt to equity ratio has increased from 231.5% to 275.6% 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: 8HQ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8HQ has less than a year of cash runway if free cash flow continues to grow at historical rates of 8% each year.