Vatic Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Vatic Ventures has a total shareholder equity of CA$1.5M and total debt of CA$200.6K, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are CA$2.8M and CA$1.4M respectively.
Key information
13.8%
Debt to equity ratio
CA$200.59k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$324.00 |
| Equity | CA$1.45m |
| Total liabilities | CA$1.35m |
| Total assets | CA$2.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VCVV.F's short term assets (CA$24.2K) do not cover its short term liabilities (CA$1.2M).
Long Term Liabilities: VCVV.F's short term assets (CA$24.2K) do not cover its long term liabilities (CA$117.6K).
Debt to Equity History and Analysis
Debt Level: VCVV.F's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: VCVV.F's debt to equity ratio has increased from 0% to 13.8% 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: VCVV.F has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VCVV.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.