Visionary Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Visionary Holdings has a total shareholder equity of $20.9M and total debt of $48.8M, which brings its debt-to-equity ratio to 233.4%. Its total assets and total liabilities are $91.6M and $70.7M respectively.
Key information
233.4%
Debt to equity ratio
US$48.75m
Debt
| Interest coverage ratio | n/a |
| Cash | US$429.49k |
| Equity | US$20.89m |
| Total liabilities | US$70.70m |
| Total assets | US$91.60m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GV's short term assets ($18.3M) do not cover its short term liabilities ($69.6M).
Long Term Liabilities: GV's short term assets ($18.3M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: GV's net debt to equity ratio (231.3%) is considered high.
Reducing Debt: Insufficient data to determine if GV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GV's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: Insufficient data to determine if GV's interest payments on its debt are well covered by EBIT.