Vaso Balance Sheet Health
Financial Health criteria checks 6/6
Vaso has a total shareholder equity of $26.8M and total debt of $15.0K, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are $75.8M and $48.9M respectively. Vaso's EBIT is $4.2M making its interest coverage ratio -9.2. It has cash and short-term investments of $25.3M.
Key information
0.06%
Debt to equity ratio
US$15.00k
Debt
Interest coverage ratio | -9.2x |
Cash | US$25.32m |
Equity | US$26.84m |
Total liabilities | US$48.91m |
Total assets | US$75.76m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VASO's short term assets ($45.1M) exceed its short term liabilities ($30.0M).
Long Term Liabilities: VASO's short term assets ($45.1M) exceed its long term liabilities ($18.9M).
Debt to Equity History and Analysis
Debt Level: VASO has more cash than its total debt.
Reducing Debt: VASO's debt to equity ratio has reduced from 177.2% to 0.06% over the past 5 years.
Debt Coverage: VASO's debt is well covered by operating cash flow (35306.7%).
Interest Coverage: VASO earns more interest than it pays, so coverage of interest payments is not a concern.