Vroom Balance Sheet Health
Financial Health criteria checks 2/6
Vroom has a total shareholder equity of $122.2M and total debt of $1.2B, which brings its debt-to-equity ratio to 981.6%. Its total assets and total liabilities are $1.5B and $1.4B respectively.
Key information
981.6%
Debt to equity ratio
US$1.20b
Debt
| Interest coverage ratio | n/a |
| Cash | US$140.07m |
| Equity | US$122.15m |
| Total liabilities | US$1.35b |
| Total assets | US$1.48b |
Recent financial health updates
No updates
Recent updates
Vroom To Stop Ecommerce Operations, Will There Be Any Meat Left On The Bone?
Jan 24Vroom, Inc. (NASDAQ:VRM) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Nov 10
Vroom, Inc. (NASDAQ:VRM) Might Not Be As Mispriced As It Looks After Plunging 26%
Aug 16Vroom: Still No Signs Of Profits
Sep 13Vroom Q2 Earnings Preview: A High-Risk, High-Reward Play Priced For Bankruptcy
Aug 08Vroom, Inc: Not Out Of Gas Yet
Jul 25Vroom indirect subsidiary prices auto loan securitization
Jul 15Vroom: At $1.50, A David Tepper-Type Opportunity
May 12Vroom - Hello Junk Status, Only One Way Out
Mar 01Deciding If Vroom Is Worth Holding Onto
Feb 17Vroom Ramps Growth, But Operating Losses Remain High
Dec 16Vroom: Strong Revenues, But Still Feeling Growing Pains
Aug 17Vroom: Buy The Market's Overreaction To The Note Offering
Jun 16Vroom: Full Speed Ahead With Margin Bumps
May 30Financial Position Analysis
Short Term Liabilities: VRM's short term assets ($952.6M) exceed its short term liabilities ($856.8M).
Long Term Liabilities: VRM's short term assets ($952.6M) exceed its long term liabilities ($496.5M).
Debt to Equity History and Analysis
Debt Level: VRM's net debt to equity ratio (866.9%) is considered high.
Reducing Debt: VRM's debt to equity ratio has increased from 54% to 981.6% 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 17.2% each year