VNE Balance Sheet Health
Financial Health criteria checks 4/6
VNE has a total shareholder equity of €15.1M and total debt of €7.9M, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are €29.6M and €14.5M respectively.
Key information
52.0%
Debt to equity ratio
€7.86m
Debt
Interest coverage ratio | n/a |
Cash | €5.36m |
Equity | €15.12m |
Total liabilities | €14.50m |
Total assets | €29.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNE's short term assets (€20.9M) exceed its short term liabilities (€7.8M).
Long Term Liabilities: VNE's short term assets (€20.9M) exceed its long term liabilities (€6.7M).
Debt to Equity History and Analysis
Debt Level: VNE's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VNE's debt to equity ratio has reduced 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: VNE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VNE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.