VBI Vaccines Balance Sheet Health
Financial Health criteria checks 2/6
VBI Vaccines has a total shareholder equity of $-5.5M and total debt of $48.7M, which brings its debt-to-equity ratio to -891.6%. Its total assets and total liabilities are $75.4M and $80.9M respectively.
Key information
-891.6%
Debt to equity ratio
US$48.75m
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.60m |
| Equity | -US$5.47m |
| Total liabilities | US$80.91m |
| Total assets | US$75.44m |
Recent financial health updates
Recent updates
VBI Vaccines: Recent Updates Have Fortified My Long-Term Outlook
Sep 22VBI Vaccines gets up to $100M debt funding from K2 HealthVentures
Sep 15Valneva, VBI Vaccines in pact to launch Hep B vaccine in Europe
Sep 08VBI Vaccines down 10% on $300M mixed shelf offering; also ends two equity offerings
Aug 26VBI Vaccines: Recent VBI-1901 Data Supports My Bull Thesis
Jun 17Is VBI Vaccines (NASDAQ:VBIV) A Risky Investment?
Jun 09
Is VBI Vaccines (NASDAQ:VBIV) Using Debt Sensibly?
Jan 24Financial Position Analysis
Short Term Liabilities: VBIV.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VBIV.Q has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VBIV.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VBIV.Q's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: VBIV.Q has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VBIV.Q is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.