Vertical Exploration Balance Sheet Health
Financial Health criteria checks 3/6
Vertical Exploration has a total shareholder equity of CA$5.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.0M and CA$653.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$165.20k |
| Equity | CA$5.36m |
| Total liabilities | CA$653.26k |
| Total assets | CA$6.01m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVVR.F's short term assets (CA$184.1K) do not cover its short term liabilities (CA$493.5K).
Long Term Liabilities: CVVR.F's short term assets (CA$184.1K) exceed its long term liabilities (CA$159.8K).
Debt to Equity History and Analysis
Debt Level: CVVR.F is debt free.
Reducing Debt: CVVR.F had no debt 5 years ago.
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: CVVR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CVVR.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.6% each year