Verastem Balance Sheet Health
Financial Health criteria checks 5/6
Verastem has a total shareholder equity of $46.2M and total debt of $51.2M, which brings its debt-to-equity ratio to 110.8%. Its total assets and total liabilities are $123.5M and $77.3M respectively.
Key information
110.8%
Debt to equity ratio
US$51.23m
Debt
| Interest coverage ratio | n/a |
| Cash | US$110.13m |
| Equity | US$46.22m |
| Total liabilities | US$77.32m |
| Total assets | US$123.54m |
Recent financial health updates
Health Check: How Prudently Does Verastem (NASDAQ:VSTM) Use Debt?
Sep 01
Does Verastem (NASDAQ:VSTM) Have A Healthy Balance Sheet?
Jun 23Health Check: How Prudently Does Verastem (NASDAQ:VSTM) Use Debt?
Mar 02Recent updates
Verastem: Moving Forward
Sep 13Health Check: How Prudently Does Verastem (NASDAQ:VSTM) Use Debt?
Sep 01Verastem Non-GAAP EPS of -$0.11 in-line
Aug 08Verastem: Looking Increasingly Attractive
Jun 29Verastem: Time To Take My Position Out Of Mothball
Apr 19Vectoring In On Verastem
Jan 12Verastem: Buying Opportunity Following Unjustified Sell-Off
Sep 22Does Verastem (NASDAQ:VSTM) Have A Healthy Balance Sheet?
Jun 23Verastem to highlight potential of ovarian cancer therapy on upcoming investor event
May 26Analysts Are Betting On Verastem, Inc. (NASDAQ:VSTM) With A Big Upgrade This Week
May 25Health Check: How Prudently Does Verastem (NASDAQ:VSTM) Use Debt?
Mar 02What Is The Ownership Structure Like For Verastem, Inc. (NASDAQ:VSTM)?
Feb 02Verastem Oncology: Targeting The RAS Pathway To Develop New Cancer Medicines
Jan 12Financial Position Analysis
Short Term Liabilities: VSTM's short term assets ($117.7M) exceed its short term liabilities ($26.7M).
Long Term Liabilities: VSTM's short term assets ($117.7M) exceed its long term liabilities ($50.6M).
Debt to Equity History and Analysis
Debt Level: VSTM has more cash than its total debt.
Reducing Debt: VSTM's debt to equity ratio has reduced from 137.9% to 110.8% 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: VSTM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VSTM has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.4% each year.