VerticalScope Holdings Balance Sheet Health
Financial Health criteria checks 2/6
VerticalScope Holdings has a total shareholder equity of $80.3M and total debt of $48.3M, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are $140.3M and $60.1M respectively. VerticalScope Holdings's EBIT is $7.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $6.3M.
Key information
60.2%
Debt to equity ratio
US$48.32m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$6.32m |
| Equity | US$80.26m |
| Total liabilities | US$60.06m |
| Total assets | US$140.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VFOR.F's short term assets ($20.3M) exceed its short term liabilities ($11.3M).
Long Term Liabilities: VFOR.F's short term assets ($20.3M) do not cover its long term liabilities ($48.8M).
Debt to Equity History and Analysis
Debt Level: VFOR.F's net debt to equity ratio (52.3%) is considered high.
Reducing Debt: Insufficient data to determine if VFOR.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VFOR.F's debt is well covered by operating cash flow (41.5%).
Interest Coverage: VFOR.F's interest payments on its debt are not well covered by EBIT (1.5x coverage).