Velocity Composites Financial Health

Short Term Liabilities: VEL's short term assets (£6.3M) exceed its short term liabilities (£3.1M).

Long Term Liabilities: VEL's short term assets (£6.3M) exceed its long term liabilities (£3.3M).

Debt Level: VEL has more cash than its total debt.

Reducing Debt: VEL's debt to equity ratio has increased from 11.3% to 64.2% over the past 5 years.

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: VEL has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: VEL has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 30.3% each year

• Healthy companies in the Capital Goods industry.