Visionary Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Visionary Holdings has a total shareholder equity of $17.7M and total debt of $63.4M, which brings its debt-to-equity ratio to 357.4%. Its total assets and total liabilities are $87.9M and $70.1M respectively.
Key information
357.4%
Debt to equity ratio
US$63.43m
Debt
| Interest coverage ratio | n/a |
| Cash | US$620.91k |
| Equity | US$17.75m |
| Total liabilities | US$70.11m |
| Total assets | US$87.86m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GV's short term assets ($2.1M) do not cover its short term liabilities ($69.7M).
Long Term Liabilities: GV's short term assets ($2.1M) exceed its long term liabilities ($433.5K).
Debt to Equity History and Analysis
Debt Level: GV's net debt to equity ratio (353.9%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GV's interest payments on its debt are well covered by EBIT.