Verimatrix Balance Sheet Health
Financial Health criteria checks 4/6
Verimatrix has a total shareholder equity of $121.8M and total debt of $32.5M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are $191.9M and $70.1M respectively.
Key information
26.7%
Debt to equity ratio
US$32.51m
Debt
| Interest coverage ratio | n/a |
| Cash | US$22.63m |
| Equity | US$121.77m |
| Total liabilities | US$70.10m |
| Total assets | US$191.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VMXP's short term assets ($56.6M) exceed its short term liabilities ($53.5M).
Long Term Liabilities: VMXP's short term assets ($56.6M) exceed its long term liabilities ($16.6M).
Debt to Equity History and Analysis
Debt Level: VMXP's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: VMXP's debt to equity ratio has increased from 22.1% to 26.7% 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: VMXP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VMXP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.