Vatic Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Vatic Ventures has a total shareholder equity of CA$1.5M and total debt of CA$265.8K, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CA$2.9M and CA$1.4M respectively.
Key information
17.3%
Debt to equity ratio
CA$265.75k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$129.63k |
| Equity | CA$1.54m |
| Total liabilities | CA$1.41m |
| Total assets | CA$2.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V8V's short term assets (CA$153.1K) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: V8V's short term assets (CA$153.1K) exceed its long term liabilities (CA$60.1K).
Debt to Equity History and Analysis
Debt Level: V8V's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: V8V's debt to equity ratio has increased from 0% to 17.3% 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: V8V has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: V8V has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.5% each year.