This company has been acquired
Vonage Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Key information
81.9%
Debt to equity ratio
US$471.12m
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.72m |
| Equity | US$575.30m |
| Total liabilities | US$807.16m |
| Total assets | US$1.38b |
Recent financial health updates
No updates
Recent updates
Vonage In The Golden Age Of Arb
Jun 30Merger Arbitrage Mondays - Ericsson To Acquire Vonage Holdings
Nov 29Vonage: $21/Share Takeover From Ericsson
Nov 22Vonage: Accelerating Growth Areas And Activist Still Present
Nov 05Vonage: A Potential Double With A Smart Activist Reportedly Pushing For A Sale
Sep 01Vonage: A Fast Grower Hidden Under A Cash Cow
Aug 06Vonage Holdings Q1 2021 Earnings Preview
May 05Wall Street English selects Vonage's digital classrooms solution
Jan 12Vonage: Facing Tough Competition In The CPaaS Market
Dec 01Tuya selects Vonage for communication and authentication solutions
Nov 09Vonage Holdings Q3 2020 Earnings Preview
Nov 04Financial Position Analysis
Short Term Liabilities: VG's short term assets ($223.2M) do not cover its short term liabilities ($297.0M).
Long Term Liabilities: VG's short term assets ($223.2M) do not cover its long term liabilities ($510.2M).
Debt to Equity History and Analysis
Debt Level: VG's net debt to equity ratio (79.2%) is considered high.
Reducing Debt: VG's debt to equity ratio has increased from 73.8% to 81.9% 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: Whilst unprofitable VG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/22 12:15 |
| End of Day Share Price | 2022/07/20 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Vonage Holdings Corp. is covered by 20 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Power | Baird |
| Ryan MacWilliams | Barclays |
| Gregory Miller | Canaccord Genuity |