Verde Resources Balance Sheet Health
Financial Health criteria checks 4/6
Verde Resources has a total shareholder equity of $40.3M and total debt of $211.4K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are $41.7M and $1.4M respectively.
Key information
0.5%
Debt to equity ratio
US$211.44k
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.63m |
| Equity | US$40.31m |
| Total liabilities | US$1.38m |
| Total assets | US$41.69m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRDR's short term assets ($4.5M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: VRDR's short term assets ($4.5M) exceed its long term liabilities ($80.1K).
Debt to Equity History and Analysis
Debt Level: VRDR has more cash than its total debt.
Reducing Debt: VRDR's debt to equity ratio has increased from 0% to 0.5% 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: VRDR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VRDR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.8% each year