VNE Balance Sheet Health
Financial Health criteria checks 5/6
VNE has a total shareholder equity of €15.1M and total debt of €6.6M, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are €28.9M and €13.9M respectively.
Key information
43.8%
Debt to equity ratio
€6.59m
Debt
| Interest coverage ratio | n/a |
| Cash | €3.57m |
| Equity | €15.06m |
| Total liabilities | €13.86m |
| Total assets | €28.93m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VNE's short term assets (€19.8M) exceed its short term liabilities (€8.9M).
Long Term Liabilities: VNE's short term assets (€19.8M) exceed its long term liabilities (€5.0M).
Debt to Equity History and Analysis
Debt Level: VNE's net debt to equity ratio (20.1%) 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 a year based on its current free cash flow.
Forecast Cash Runway: VNE has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 48.6% each year