Vanadium Resources Balance Sheet Health

Financial Health criteria checks 3/6

Vanadium Resources has a total shareholder equity of A$29.5M and total debt of A$165.6K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are A$30.2M and A$704.0K respectively.

Key information

0.6%

Debt to equity ratio

AU$165.56k

Debt

Interest coverage ration/a
CashAU$1.92m
EquityAU$29.53m
Total liabilitiesAU$704.05k
Total assetsAU$30.23m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TR3's short term assets (A$2.0M) exceed its short term liabilities (A$614.4K).

Long Term Liabilities: TR3's short term assets (A$2.0M) exceed its long term liabilities (A$89.7K).


Debt to Equity History and Analysis

Debt Level: TR3 has more cash than its total debt.

Reducing Debt: TR3's debt to equity ratio has increased from 0% to 0.6% 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: TR3 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TR3 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.3% each year


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