Venture Life Group Balance Sheet Health
Financial Health criteria checks 3/6
Venture Life Group has a total shareholder equity of £73.9M and total debt of £19.0M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are £116.7M and £42.7M respectively. Venture Life Group's EBIT is £3.8M making its interest coverage ratio 1.7. It has cash and short-term investments of £3.7M.
Key information
25.7%
Debt to equity ratio
UK£19.00m
Debt
| Interest coverage ratio | 1.7x |
| Cash | UK£3.66m |
| Equity | UK£73.93m |
| Total liabilities | UK£42.74m |
| Total assets | UK£116.67m |
Recent financial health updates
Venture Life Group (LON:VLG) Has A Somewhat Strained Balance Sheet
Nov 23
Here's Why Venture Life Group (LON:VLG) Has A Meaningful Debt Burden
Nov 18Is Venture Life Group (LON:VLG) A Risky Investment?
May 25Venture Life Group (LON:VLG) Has A Somewhat Strained Balance Sheet
Oct 30Venture Life Group (LON:VLG) Could Easily Take On More Debt
Mar 30Recent updates
Venture Life Group plc (LON:VLG) Screens Well But There Might Be A Catch
Feb 02Venture Life Group (LON:VLG) Has A Somewhat Strained Balance Sheet
Nov 23Venture Life Group plc's (LON:VLG) Intrinsic Value Is Potentially 75% Above Its Share Price
Sep 01Does Venture Life Group (LON:VLG) Deserve A Spot On Your Watchlist?
Mar 11Here's Why Venture Life Group (LON:VLG) Has A Meaningful Debt Burden
Nov 18Is Venture Life Group (LON:VLG) A Risky Investment?
May 25An Intrinsic Calculation For Venture Life Group plc (LON:VLG) Suggests It's 48% Undervalued
Dec 02Venture Life Group plc (LON:VLG) Analysts Just Slashed This Year's Revenue Estimates By 10%
Dec 02Venture Life Group (LON:VLG) Has A Somewhat Strained Balance Sheet
Oct 30Here's Why Shareholders Will Not Be Complaining About Venture Life Group plc's (LON:VLG) CEO Pay Packet
May 14Venture Life Group (LON:VLG) Could Easily Take On More Debt
Mar 30Could The Venture Life Group plc (LON:VLG) Ownership Structure Tell Us Something Useful?
Feb 10If You Like EPS Growth Then Check Out Venture Life Group (LON:VLG) Before It's Too Late
Jan 20Here's Why We Don't Think Venture Life Group's (LON:VLG) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 30The Venture Life Group (LON:VLG) Share Price Is Up 213% And Shareholders Are Boasting About It
Dec 11
The Chief Manufacturing Officer & Executive Director of Venture Life Group plc (LON:VLG), Lodovico Braguti, Just Sold 74% Of Their Holding
Nov 25Do Its Financials Have Any Role To Play In Driving Venture Life Group plc's (LON:VLG) Stock Up Recently?
Nov 17Financial Position Analysis
Short Term Liabilities: VLG's short term assets (£29.4M) exceed its short term liabilities (£10.8M).
Long Term Liabilities: VLG's short term assets (£29.4M) do not cover its long term liabilities (£32.0M).
Debt to Equity History and Analysis
Debt Level: VLG's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: VLG's debt to equity ratio has reduced from 85.5% to 25.7% 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: Insufficient data to determine if VLG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VLG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.