VirnetX Holding Balance Sheet Health
Financial Health criteria checks 6/6
VirnetX Holding has a total shareholder equity of $62.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $63.9M and $1.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$61.03m |
Equity | US$62.31m |
Total liabilities | US$1.60m |
Total assets | US$63.91m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VN20's short term assets ($61.5M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: VN20 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VN20 is debt free.
Reducing Debt: VN20 has not had any debt for past 5 years.
Debt Coverage: VN20 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VN20 has no debt, therefore coverage of interest payments is not a concern.