Vast Resources Balance Sheet Health
Financial Health criteria checks 1/6
Vast Resources has a total shareholder equity of $1.8M and total debt of $9.8M, which brings its debt-to-equity ratio to 540.4%. Its total assets and total liabilities are $24.3M and $22.5M respectively.
Key information
540.4%
Debt to equity ratio
US$9.83m
Debt
| Interest coverage ratio | n/a |
| Cash | US$964.00k |
| Equity | US$1.82m |
| Total liabilities | US$22.48m |
| Total assets | US$24.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D9A's short term assets ($5.6M) do not cover its short term liabilities ($19.3M).
Long Term Liabilities: D9A's short term assets ($5.6M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: D9A's net debt to equity ratio (487.4%) is considered high.
Reducing Debt: D9A's debt to equity ratio has increased from 175.3% to 540.4% 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: Insufficient data to determine if D9A has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if D9A has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.