Verici Dx Balance Sheet Health
Financial Health criteria checks 6/6
Verici Dx has a total shareholder equity of $9.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $12.1M and $2.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.02m |
| Equity | US$9.86m |
| Total liabilities | US$2.25m |
| Total assets | US$12.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRCD.F's short term assets ($8.9M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: VRCD.F's short term assets ($8.9M) exceed its long term liabilities ($274.0K).
Debt to Equity History and Analysis
Debt Level: VRCD.F is debt free.
Reducing Debt: VRCD.F had no debt 5 years ago.
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: VRCD.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VRCD.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9.2% each year