Veru Balance Sheet Health
Financial Health criteria checks 5/6
Veru has a total shareholder equity of $37.6M and total debt of $9.6M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are $64.6M and $27.0M respectively.
Key information
25.4%
Debt to equity ratio
US$9.56m
Debt
Interest coverage ratio | n/a |
Cash | US$29.15m |
Equity | US$37.62m |
Total liabilities | US$27.01m |
Total assets | US$64.63m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMW's short term assets ($38.5M) exceed its short term liabilities ($10.6M).
Long Term Liabilities: FMW's short term assets ($38.5M) exceed its long term liabilities ($16.4M).
Debt to Equity History and Analysis
Debt Level: FMW has more cash than its total debt.
Reducing Debt: FMW's debt to equity ratio has reduced from 31.6% to 25.4% 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: FMW has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FMW has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.8% each year