Vext Science Balance Sheet Health
Financial Health criteria checks 2/6
Vext Science has a total shareholder equity of $87.0M and total debt of $35.3M, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are $144.9M and $57.9M respectively.
Key information
40.6%
Debt to equity ratio
US$35.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.39m |
| Equity | US$87.00m |
| Total liabilities | US$57.88m |
| Total assets | US$144.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VV5's short term assets ($27.1M) exceed its short term liabilities ($17.1M).
Long Term Liabilities: VV5's short term assets ($27.1M) do not cover its long term liabilities ($40.8M).
Debt to Equity History and Analysis
Debt Level: VV5's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: VV5's debt to equity ratio has increased from 4.2% to 40.6% over the past 5 years.
Debt Coverage: VV5's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: Insufficient data to determine if VV5's interest payments on its debt are well covered by EBIT.