Inspire Veterinary Partners Balance Sheet Health
Financial Health criteria checks 2/6
Inspire Veterinary Partners has a total shareholder equity of $3.0M and total debt of $15.4M, which brings its debt-to-equity ratio to 508.4%. Its total assets and total liabilities are $22.4M and $19.4M respectively.
Key information
508.4%
Debt to equity ratio
US$15.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$681.20k |
| Equity | US$3.03m |
| Total liabilities | US$19.37m |
| Total assets | US$22.40m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IVP's short term assets ($4.5M) do not cover its short term liabilities ($7.0M).
Long Term Liabilities: IVP's short term assets ($4.5M) do not cover its long term liabilities ($12.3M).
Debt to Equity History and Analysis
Debt Level: IVP's net debt to equity ratio (486%) is considered high.
Reducing Debt: Insufficient data to determine if IVP's debt to equity ratio has reduced 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: IVP has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IVP is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.