Versus Systems Balance Sheet Health
Financial Health criteria checks 4/6
Versus Systems has a total shareholder equity of $4.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.9M and $321.5K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$4.69m |
Equity | US$4.56m |
Total liabilities | US$321.48k |
Total assets | US$4.88m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VS's short term assets ($4.9M) exceed its short term liabilities ($321.5K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.2% each year