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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 05:07 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
Analyst Sources
VirnetX Holding Corporation is covered by 5 analysts. 0 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 |
|---|---|
| Robert Tango | Craig-Hallum Capital Group LLC |
| Robert Wasserman | Dawson James Securities |
| Robert Tango | Gilford Securities |