Vroom Balance Sheet Health
Financial Health criteria checks 2/6
Vroom has a total shareholder equity of $4.7M and total debt of $1.1B, which brings its debt-to-equity ratio to 22446.8%. Its total assets and total liabilities are $1.1B and $1.1B respectively.
Key information
22,446.8%
Debt to equity ratio
US$1.05b
Debt
| Interest coverage ratio | n/a |
| Cash | US$51.09m |
| Equity | US$4.68m |
| Total liabilities | US$1.12b |
| Total assets | US$1.12b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRM *'s short term assets ($977.0M) exceed its short term liabilities ($362.3M).
Long Term Liabilities: VRM *'s short term assets ($977.0M) exceed its long term liabilities ($756.8M).
Debt to Equity History and Analysis
Debt Level: VRM *'s net debt to equity ratio (21355.8%) is considered high.
Reducing Debt: VRM *'s debt to equity ratio has increased from 57% to 22446.8% 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 10.1% each year