Verde AgriTech Balance Sheet Health
Financial Health criteria checks 1/6
Verde AgriTech has a total shareholder equity of CA$45.5M and total debt of CA$46.1M, which brings its debt-to-equity ratio to 101.4%. Its total assets and total liabilities are CA$96.2M and CA$50.7M respectively.
Key information
101.4%
Debt to equity ratio
CA$46.15m
Debt
Interest coverage ratio | n/a |
Cash | CA$6.98m |
Equity | CA$45.51m |
Total liabilities | CA$50.67m |
Total assets | CA$96.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNPK.F's short term assets (CA$23.1M) do not cover its short term liabilities (CA$40.0M).
Long Term Liabilities: VNPK.F's short term assets (CA$23.1M) exceed its long term liabilities (CA$10.7M).
Debt to Equity History and Analysis
Debt Level: VNPK.F's net debt to equity ratio (86.1%) is considered high.
Reducing Debt: VNPK.F's debt to equity ratio has increased from 1.5% to 101.4% over the past 5 years.
Debt Coverage: VNPK.F's debt is not well covered by operating cash flow (10%).
Interest Coverage: Insufficient data to determine if VNPK.F's interest payments on its debt are well covered by EBIT.