Versus Systems Balance Sheet Health
Financial Health criteria checks 6/6
Versus Systems has a total shareholder equity of $1.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.2M and $26.9K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$471.25k |
| Equity | US$1.22m |
| Total liabilities | US$26.95k |
| Total assets | US$1.24m |
Financial Position Analysis
Short Term Liabilities: VS's short term assets ($1.2M) exceed its short term liabilities ($26.9K).
Long Term Liabilities: VS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VS is debt free.
Reducing Debt: VS currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: VS has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VS is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.