Vuzix Balance Sheet Health
Financial Health criteria checks 6/6
Vuzix has a total shareholder equity of $80.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $86.1M and $5.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$26.56m |
Equity | US$80.79m |
Total liabilities | US$5.35m |
Total assets | US$86.15m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V7XN's short term assets ($41.5M) exceed its short term liabilities ($5.2M).
Long Term Liabilities: V7XN's short term assets ($41.5M) exceed its long term liabilities ($137.7K).
Debt to Equity History and Analysis
Debt Level: V7XN is debt free.
Reducing Debt: V7XN had no debt 5 years ago.
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: V7XN has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: V7XN has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 14.2% each year.