Verastem Balance Sheet Health
Financial Health criteria checks 6/6
Verastem has a total shareholder equity of $78.5M and total debt of $44.3M, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are $149.7M and $71.2M respectively.
Key information
56.4%
Debt to equity ratio
US$44.28m
Debt
Interest coverage ratio | n/a |
Cash | US$137.13m |
Equity | US$78.53m |
Total liabilities | US$71.19m |
Total assets | US$149.72m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2VSA's short term assets ($143.7M) exceed its short term liabilities ($26.4M).
Long Term Liabilities: 2VSA's short term assets ($143.7M) exceed its long term liabilities ($44.8M).
Debt to Equity History and Analysis
Debt Level: 2VSA has more cash than its total debt.
Reducing Debt: 2VSA's debt to equity ratio has reduced from 96.9% to 56.4% 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: 2VSA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2VSA has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 8.4% each year.