This company has been acquired
Virginia Energy Resources Balance Sheet Health
Financial Health criteria checks 4/6
Key information
0.05%
Debt to equity ratio
US$2.00k
Debt
Interest coverage ratio | n/a |
Cash | US$151.63k |
Equity | US$3.69m |
Total liabilities | US$224.76k |
Total assets | US$3.92m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VEGY.F's short term assets ($162.8K) do not cover its short term liabilities ($222.8K).
Long Term Liabilities: VEGY.F's short term assets ($162.8K) exceed its long term liabilities ($2.0K).
Debt to Equity History and Analysis
Debt Level: VEGY.F has more cash than its total debt.
Reducing Debt: VEGY.F's debt to equity ratio has increased from 0% to 0.05% 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: VEGY.F has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VEGY.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.