Vroom Balance Sheet Health
Financial Health criteria checks 2/6
Vroom has a total shareholder equity of $122.2M and total debt of $1.2B, which brings its debt-to-equity ratio to 981.6%. Its total assets and total liabilities are $1.5B and $1.4B respectively.
Key information
981.6%
Debt to equity ratio
US$1.20b
Debt
Interest coverage ratio | n/a |
Cash | US$140.07m |
Equity | US$122.15m |
Total liabilities | US$1.35b |
Total assets | US$1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRM *'s short term assets ($952.6M) exceed its short term liabilities ($856.8M).
Long Term Liabilities: VRM *'s short term assets ($952.6M) exceed its long term liabilities ($496.5M).
Debt to Equity History and Analysis
Debt Level: VRM *'s net debt to equity ratio (866.9%) is considered high.
Reducing Debt: VRM *'s debt to equity ratio has increased from 54% to 981.6% 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: VRM * has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VRM * has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.2% each year