Veru Balance Sheet Health
Financial Health criteria checks 5/6
Veru has a total shareholder equity of $45.2M and total debt of $9.7M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are $71.8M and $26.6M respectively.
Key information
21.5%
Debt to equity ratio
US$9.73m
Debt
Interest coverage ratio | n/a |
Cash | US$34.74m |
Equity | US$45.21m |
Total liabilities | US$26.59m |
Total assets | US$71.80m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMW's short term assets ($45.1M) exceed its short term liabilities ($9.6M).
Long Term Liabilities: FMW's short term assets ($45.1M) exceed its long term liabilities ($17.0M).
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 32.5% to 21.5% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FMW has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 47% each year.