Vivakor Balance Sheet Health
Financial Health criteria checks 2/6
Vivakor has a total shareholder equity of $16.7M and total debt of $30.4M, which brings its debt-to-equity ratio to 181.6%. Its total assets and total liabilities are $72.5M and $55.8M respectively.
Key information
181.6%
Debt to equity ratio
US$30.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.93m |
| Equity | US$16.74m |
| Total liabilities | US$55.80m |
| Total assets | US$72.54m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VIVK's short term assets ($4.7M) do not cover its short term liabilities ($47.1M).
Long Term Liabilities: VIVK's short term assets ($4.7M) do not cover its long term liabilities ($8.7M).
Debt to Equity History and Analysis
Debt Level: VIVK's net debt to equity ratio (170.1%) is considered high.
Reducing Debt: VIVK's debt to equity ratio has increased from 35.3% to 181.6% 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: VIVK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VIVK is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.