Vroom Balance Sheet Health

Financial Health criteria checks 2/6

Vroom has a total shareholder equity of $61.5M and total debt of $1.1B, which brings its debt-to-equity ratio to 1731.1%. Its total assets and total liabilities are $1.2B and $1.2B respectively.

Key information

1,731.1%

Debt to equity ratio

US$1.06b

Debt

Interest coverage ration/a
CashUS$90.99m
EquityUS$61.49m
Total liabilitiesUS$1.16b
Total assetsUS$1.22b

Recent financial health updates

No updates

Recent updates

Vroom To Stop Ecommerce Operations, Will There Be Any Meat Left On The Bone?

Jan 24

Vroom, Inc. (NASDAQ:VRM) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Nov 10
Vroom, Inc. (NASDAQ:VRM) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Vroom, Inc. (NASDAQ:VRM) Might Not Be As Mispriced As It Looks After Plunging 26%

Aug 16
Vroom, Inc. (NASDAQ:VRM) Might Not Be As Mispriced As It Looks After Plunging 26%

Vroom: Still No Signs Of Profits

Sep 13

Vroom Q2 Earnings Preview: A High-Risk, High-Reward Play Priced For Bankruptcy

Aug 08

Vroom, Inc: Not Out Of Gas Yet

Jul 25

Vroom indirect subsidiary prices auto loan securitization

Jul 15

Vroom: At $1.50, A David Tepper-Type Opportunity

May 12

Vroom - Hello Junk Status, Only One Way Out

Mar 01

Deciding If Vroom Is Worth Holding Onto

Feb 17

Vroom Ramps Growth, But Operating Losses Remain High

Dec 16

Vroom: Strong Revenues, But Still Feeling Growing Pains

Aug 17

Vroom: Buy The Market's Overreaction To The Note Offering

Jun 16

Vroom: Full Speed Ahead With Margin Bumps

May 30

Financial Position Analysis

Short Term Liabilities: VRM's short term assets ($1.1B) exceed its short term liabilities ($553.9M).

Long Term Liabilities: VRM's short term assets ($1.1B) exceed its long term liabilities ($606.9M).


Debt to Equity History and Analysis

Debt Level: VRM's net debt to equity ratio (1583.1%) is considered high.

Reducing Debt: VRM's debt to equity ratio has increased from 55.1% to 1731.1% 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: VRM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VRM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.9% each year


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