This company is no longer active
Virgin Group Acquisition II Balance Sheet Health
Financial Health criteria checks 0/6
Key information
-1.9%
Debt to equity ratio
US$1.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$79.82k |
| Equity | -US$53.09m |
| Total liabilities | US$456.35m |
| Total assets | US$403.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VGII has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VGII has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VGII has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VGII's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: VGII's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VGII's interest payments on its debt are well covered by EBIT.