Vow Green Metals Balance Sheet Health
Financial Health criteria checks 4/6
Vow Green Metals has a total shareholder equity of NOK100.0M and total debt of NOK50.0M, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are NOK183.2M and NOK83.2M respectively.
Key information
50.0%
Debt to equity ratio
NOK 50.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 41.32m |
| Equity | NOK 99.97m |
| Total liabilities | NOK 83.20m |
| Total assets | NOK 183.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VGMO.F's short term assets (NOK46.4M) exceed its short term liabilities (NOK32.6M).
Long Term Liabilities: VGMO.F's short term assets (NOK46.4M) do not cover its long term liabilities (NOK50.6M).
Debt to Equity History and Analysis
Debt Level: VGMO.F's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VGMO.F'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: VGMO.F has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VGMO.F is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.