V2Y Balance Sheet Health
Financial Health criteria checks 5/6
V2Y has a total shareholder equity of SGD366.0K and total debt of SGD173.0K, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are SGD2.0M and SGD1.6M respectively.
Key information
47.3%
Debt to equity ratio
S$173.00k
Debt
| Interest coverage ratio | n/a |
| Cash | S$1.01m |
| Equity | S$366.00k |
| Total liabilities | S$1.60m |
| Total assets | S$1.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V2Y's short term assets (SGD1.2M) exceed its short term liabilities (SGD1.2M).
Long Term Liabilities: V2Y's short term assets (SGD1.2M) exceed its long term liabilities (SGD408.0K).
Debt to Equity History and Analysis
Debt Level: V2Y has more cash than its total debt.
Reducing Debt: V2Y's debt to equity ratio has increased from 0% to 47.3% 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: V2Y has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: V2Y has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 29.4% each year.