VirnetX Holding Balance Sheet Health
Financial Health criteria checks 6/6
VirnetX Holding has a total shareholder equity of $45.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $55.6M and $10.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$43.75m |
| Equity | US$45.49m |
| Total liabilities | US$10.09m |
| Total assets | US$55.59m |
Recent financial health updates
Will VirnetX Holding (NYSE:VHC) Spend Its Cash Wisely?
Oct 18
We're Keeping An Eye On VirnetX Holding's (NYSE:VHC) Cash Burn Rate
Feb 24We're Not Very Worried About VirnetX Holding's (NYSE:VHC) Cash Burn Rate
Aug 10Here's Why We're Not Too Worried About VirnetX Holding's (NYSE:VHC) Cash Burn Situation
Apr 19Recent updates
Will VirnetX Holding (NYSE:VHC) Spend Its Cash Wisely?
Oct 18Here's Why Shareholders May Want To Be Cautious With Increasing VirnetX Holding Corporation's (NYSE:VHC) CEO Pay Packet
Jun 07We're Keeping An Eye On VirnetX Holding's (NYSE:VHC) Cash Burn Rate
Feb 24We're Not Very Worried About VirnetX Holding's (NYSE:VHC) Cash Burn Rate
Aug 10Here's Why We're Not Too Worried About VirnetX Holding's (NYSE:VHC) Cash Burn Situation
Apr 19Companies Like VirnetX Holding (NYSE:VHC) Can Afford To Invest In Growth
Jan 04VirnetX Holding (NYSE:VHC) Is In A Strong Position To Grow Its Business
Aug 23VirnetX shares up 13% after jury tells Apple to pay $503M in patent damages
Nov 02Financial Position Analysis
Short Term Liabilities: VHC's short term assets ($44.0M) exceed its short term liabilities ($7.1M).
Long Term Liabilities: VHC's short term assets ($44.0M) exceed its long term liabilities ($3.0M).
Debt to Equity History and Analysis
Debt Level: VHC is debt free.
Reducing Debt: VHC has not had any debt for past 5 years.
Debt Coverage: VHC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VHC has no debt, therefore coverage of interest payments is not a concern.