Vicinity Motor Corp
NASDAQ:VEV
Bankruptcy Probability
Vicinity Motor Corp's probability of bankruptcy is 14%, signalling a meaningful chance of default. The solvency score is 24/100 — a sign of moderate financial strength.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Vicinity Motor Corp Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CA |
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Vicinity Motor Corp
XTSX:VMC
|
3.5m CAD |
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| US |
|
Caterpillar Inc
NYSE:CAT
|
339.9B USD |
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| US |
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Cummins Inc
NYSE:CMI
|
79B USD |
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| SE |
|
Volvo AB
STO:VOLV B
|
704.2B SEK |
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| US |
|
Paccar Inc
NASDAQ:PCAR
|
67B USD |
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| US |
|
Westinghouse Air Brake Technologies Corp
NYSE:WAB
|
41B USD |
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| JP |
|
Komatsu Ltd
TSE:6301
|
6.4T JPY |
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| DE |
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Daimler Truck Holding AG
XETRA:DTG
|
34.6B EUR |
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| CN |
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China CSSC Holdings Ltd
SSE:600150
|
260.8B CNY |
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| JP |
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Toyota Industries Corp
TSE:6201
|
5.9T JPY |
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| SE |
|
Epiroc AB
STO:EPI A
|
322B SEK |
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Vicinity Motor Corp's probability of bankruptcy is 11%, signalling a meaningful chance of default.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Vicinity Motor Corp has total debt of 20.3m USD. This includes both short-term (11.1m USD) and long-term (9.2m USD) debt.
You can find a full breakdown on its Balance Sheet.