VitaSpring Biomedical Balance Sheet Health
Financial Health criteria checks 6/6
VitaSpring Biomedical has a total shareholder equity of $1.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.4M and $761.8K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.05k |
| Equity | US$1.68m |
| Total liabilities | US$761.79k |
| Total assets | US$2.44m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VSBC's short term assets ($2.0M) exceed its short term liabilities ($473.6K).
Long Term Liabilities: VSBC's short term assets ($2.0M) exceed its long term liabilities ($288.2K).
Debt to Equity History and Analysis
Debt Level: VSBC is debt free.
Reducing Debt: VSBC currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: VSBC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VSBC has no debt, therefore coverage of interest payments is not a concern.