ViroGates Balance Sheet Health
Financial Health criteria checks 3/6
ViroGates has a total shareholder equity of DKK13.4M and total debt of DKK5.3M, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are DKK20.2M and DKK6.8M respectively.
Key information
39.5%
Debt to equity ratio
kr.5.30m
Debt
| Interest coverage ratio | n/a |
| Cash | kr.12.23m |
| Equity | kr.13.41m |
| Total liabilities | kr.6.77m |
| Total assets | kr.20.18m |
Recent financial health updates
ViroGates (CPH:VIRO) Is In A Good Position To Deliver On Growth Plans
Mar 06
We're Hopeful That ViroGates (CPH:VIRO) Will Use Its Cash Wisely
Nov 21Will ViroGates (CPH:VIRO) Spend Its Cash Wisely?
Jun 14We're Not Very Worried About ViroGates' (CPH:VIRO) Cash Burn Rate
Sep 19We Think ViroGates (CPH:VIRO) Can Afford To Drive Business Growth
Apr 14We Think ViroGates (CPH:VIRO) Can Afford To Drive Business Growth
Dec 30
Recent updates
ViroGates (CPH:VIRO) Is In A Good Position To Deliver On Growth Plans
Mar 06We're Hopeful That ViroGates (CPH:VIRO) Will Use Its Cash Wisely
Nov 21Will ViroGates (CPH:VIRO) Spend Its Cash Wisely?
Jun 14We're Not Very Worried About ViroGates' (CPH:VIRO) Cash Burn Rate
Sep 19We Think ViroGates (CPH:VIRO) Can Afford To Drive Business Growth
Apr 14We Think ViroGates (CPH:VIRO) Can Afford To Drive Business Growth
Dec 30Financial Position Analysis
Short Term Liabilities: VIRO's short term assets (DKK20.0M) exceed its short term liabilities (DKK1.5M).
Long Term Liabilities: VIRO's short term assets (DKK20.0M) exceed its long term liabilities (DKK5.3M).
Debt to Equity History and Analysis
Debt Level: VIRO has more cash than its total debt.
Reducing Debt: VIRO's debt to equity ratio has increased from 0% to 39.5% 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: VIRO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VIRO has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.4% each year.