Versarien Balance Sheet Health
Financial Health criteria checks 3/6
Versarien has a total shareholder equity of £1.1M and total debt of £5.8M, which brings its debt-to-equity ratio to 533.5%. Its total assets and total liabilities are £10.4M and £9.3M respectively.
Key information
533.5%
Debt to equity ratio
UK£5.76m
Debt
Interest coverage ratio | n/a |
Cash | UK£596.00k |
Equity | UK£1.08m |
Total liabilities | UK£9.30m |
Total assets | UK£10.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRSR.F's short term assets (£4.1M) exceed its short term liabilities (£2.8M).
Long Term Liabilities: VRSR.F's short term assets (£4.1M) do not cover its long term liabilities (£6.5M).
Debt to Equity History and Analysis
Debt Level: VRSR.F's net debt to equity ratio (478.3%) is considered high.
Reducing Debt: VRSR.F's debt to equity ratio has increased from 8.6% to 533.5% 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: VRSR.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VRSR.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.