VerticalScope Holdings Balance Sheet Health
Financial Health criteria checks 3/6
VerticalScope Holdings has a total shareholder equity of $79.1M and total debt of $55.0M, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are $146.3M and $67.2M respectively. VerticalScope Holdings's EBIT is $2.2M making its interest coverage ratio 0.4. It has cash and short-term investments of $7.9M.
Key information
69.5%
Debt to equity ratio
US$54.96m
Debt
Interest coverage ratio | 0.4x |
Cash | US$7.91m |
Equity | US$79.11m |
Total liabilities | US$67.17m |
Total assets | US$146.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7E9's short term assets ($21.0M) exceed its short term liabilities ($11.0M).
Long Term Liabilities: 7E9's short term assets ($21.0M) do not cover its long term liabilities ($56.2M).
Debt to Equity History and Analysis
Debt Level: 7E9's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: Insufficient data to determine if 7E9's debt to equity ratio has reduced 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: Whilst unprofitable 7E9 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7E9 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.3% per year.