Question 1

What is a balance sheet?

Accepted Answer

A balance sheet shows a company's financial position at a specific point in time. It lists total assets (what the company owns), total liabilities (what it owes), and stockholders' equity (the difference). The fundamental equation: Assets = Liabilities + Equity.

Question 2

What is stockholders' equity?

Accepted Answer

Stockholders' equity represents the net value belonging to shareholders — total assets minus total liabilities. It includes retained earnings, common stock, and additional paid-in capital. Growing equity over time typically indicates a healthy, profitable business.

Question 3

What is working capital?

Accepted Answer

Working capital is current assets minus current liabilities. It measures a company's ability to pay short-term obligations with short-term assets. Positive working capital indicates the company can cover its near-term debts; negative may signal liquidity risk.

Question 4

What is VBNK's debt level?

Accepted Answer

Review VersaBank's total long-term debt and short-term borrowings in the balance sheet table above. Compare debt to equity and total assets to assess leverage and financial risk.

Question 5

What is book value per share?

Accepted Answer

Book value per share is total stockholders' equity divided by shares outstanding. It represents the accounting value per share if the company were liquidated. Comparing market price to book value gives the price-to-book (P/B) ratio — a key valuation metric.

Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017
Current Assets
Cash and Cash Equivalents	0.58	0.23	0.13	0.09	0.27	0.26	0.14	0.13	0.16
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	0.58	0.23	0.13	0.09	0.27	0.26	0.14	0.13	0.16
Accounts Receivable	0.03	0.03	0.02	0.02	0.01	0.01	0.01	0.01	0.01
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.01
Total Current Assets	0.61	0.26	0.16	0.11	0.28	0.27	0.15	0.14	0.17
Non-Current Assets
Property, Plant & Equipment (Net)	0.03	0.03	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Long-Term Investments	5.12	4.51	4.00	3.12	0.00	1.66	1.60	1.63	1.52
Goodwill	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00
Intangible Assets	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.02	0.01	0.02	0.02	2.12	0.00	0.02	0.01	0.01
Total Non-Current Assets	5.20	4.58	4.04	3.16	2.14	1.67	1.63	1.67	1.55
Total Assets	5.81	4.84	4.20	3.27	2.42	1.94	1.79	1.81	1.73
Current Liabilities
Accounts Payable	0.00	0.00	0.01	0.01	0.11	0.10	0.10	0.10	0.09
Other Current Liabilities	4.86	4.14	3.53	2.65	-0.11	1.57	1.40	1.44	1.38
Total Current Liabilities	4.86	4.14	3.54	2.67	0.11	1.66	1.50	1.53	1.46
Non-Current Liabilities
Long-Term Debt	0.11	0.11	0.11	0.10	0.10	0.02	0.04	0.04	0.04
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.31	0.19	0.17	0.14	0.12	0.01	0.01	0.01	0.01
Total Non-Current Liabilities	0.41	0.29	0.28	0.25	0.22	0.02	0.05	0.05	0.05
Total Liabilities	5.28	4.44	3.82	2.92	2.08	1.69	1.55	1.59	1.52
Stockholders' Equity
Common Stock	0.33	0.22	0.21	0.23	0.23	0.15	0.15	0.15	0.15
Retained Earnings	0.20	0.18	0.15	0.11	0.09	0.07	0.06	0.04	0.03
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Additional Paid-in Capital	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Shares Outstanding	0.03	0.03	0.03	0.03	0.00	0.00	0.00	0.00	0.00
Total Stockholders' Equity	0.53	0.40	0.38	0.35	0.33	0.26	0.24	0.22	0.21
Total Liabilities & Equity	5.81	4.84	4.20	3.27	2.42	1.94	1.79	1.81	1.73

VersaBank (VBNK) Balance Sheet

VersaBank Balance Sheet Analysis

Frequently Asked Questions About VersaBank Balance Sheet

Current Ratio

Quick Ratio

Debt to Equity (D/E)

Book Value Per Share

Return on Assets (ROA)

Return on Equity (ROE)