Versarien Balance Sheet Health
Financial Health criteria checks 3/6
Versarien has a total shareholder equity of £1.1M and total debt of £5.8M, which brings its debt-to-equity ratio to 533.5%. Its total assets and total liabilities are £10.4M and £9.3M respectively.
Key information
533.5%
Debt to equity ratio
UK£5.76m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£596.00k |
| Equity | UK£1.08m |
| Total liabilities | UK£9.30m |
| Total assets | UK£10.38m |
Recent financial health updates
Would Versarien (LON:VRS) Be Better Off With Less Debt?
Aug 05
Would Versarien (LON:VRS) Be Better Off With Less Debt?
Dec 30Recent updates
Would Versarien (LON:VRS) Be Better Off With Less Debt?
Aug 05Would Versarien (LON:VRS) Be Better Off With Less Debt?
Dec 30Shareholders May Be Wary Of Increasing Versarien plc's (LON:VRS) CEO Compensation Package
Sep 16What Kind Of Investors Own Most Of Versarien plc (LON:VRS)?
Feb 24Have Insiders Been Selling Versarien plc (LON:VRS) Shares?
Jan 27
What Does Versarien's (LON:VRS) CEO Pay Reveal?
Dec 15Financial Position Analysis
Short Term Liabilities: VRS's short term assets (£4.1M) exceed its short term liabilities (£2.8M).
Long Term Liabilities: VRS's short term assets (£4.1M) do not cover its long term liabilities (£6.5M).
Debt to Equity History and Analysis
Debt Level: VRS's net debt to equity ratio (478.3%) is considered high.
Reducing Debt: VRS's debt to equity ratio has increased from 8.6% to 533.5% 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: VRS has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VRS is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.