Veritone Balance Sheet Health
Financial Health criteria checks 1/6
Veritone has a total shareholder equity of $38.1M and total debt of $140.4M, which brings its debt-to-equity ratio to 368%. Its total assets and total liabilities are $375.8M and $337.7M respectively.
Key information
368.0%
Debt to equity ratio
US$140.40m
Debt
Interest coverage ratio | n/a |
Cash | US$79.44m |
Equity | US$38.15m |
Total liabilities | US$337.67m |
Total assets | US$375.81m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VEK's short term assets ($182.8M) do not cover its short term liabilities ($188.8M).
Long Term Liabilities: VEK's short term assets ($182.8M) exceed its long term liabilities ($148.8M).
Debt to Equity History and Analysis
Debt Level: VEK's net debt to equity ratio (159.8%) is considered high.
Reducing Debt: VEK's debt to equity ratio has increased from 0% to 368% 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: VEK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VEK has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.1% each year.