How much debt does VolitionRx have?

VolitionRx had total debt of $11.46M as of Mar 31, 2026, against $1.12M in cash and short-term investments. Total debt was $5.82M a year earlier.

What are VolitionRx's total assets?

VolitionRx reported total assets of $6.90M as of Mar 31, 2026, down 26.6% from $9.40M a year earlier. Total liabilities were $42.49M.

What is VolitionRx's shareholders' equity?

VolitionRx's shareholders' equity was negative at −$34.25M as of Mar 31, 2026, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry.

VolitionRx (VNRX) Balance Sheet: Assets & Liabilities

VolitionRx Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for VolitionRx Limited (VNRX) - Annual data in millions USD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Dec 2025	Mar 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	1.12	1.12	3.26	3.26	20.73	10.87	20.58	19.44	16.97	13.43	10.12
Cash & Short-Term Investments	1.12	1.12	3.26	3.26	20.73	10.87	20.58	19.44	16.97	13.43	10.12
Accounts Receivable	0.32	0.32	0.11	0.11	0.24	0.07	0.01	0.01	0.00	0.00	0.00
Inventory	0.00	-	0.00	-	0.00	0.00	0.60	0.00	0.00	0.00	0.00
Other Current Assets	0.63	0.19	0.68	0.68	0.36	1.23	0.79	0.88	0.59	0.48	0.45
Total Current Assets	2.06	2.06	4.06	4.06	21.85	12.17	21.98	20.33	17.56	13.90	10.57
Non-Current Assets
Property, Plant & Equipment (Net)	4.52	4.52	5.03	5.03	6.07	6.01	5.29	5.50	3.36	3.12	3.48
Intangible Assets	0.32	0.32	0.31	0.31	0.02	0.11	0.22	0.32	0.37	0.47	0.58
Other Non-Current Assets	0.00	-	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Assets	4.84	4.84	5.34	5.34	6.10	6.12	5.51	5.82	3.74	3.59	4.06
Total Assets	6.90	6.90	9.40	9.40	27.95	18.30	27.49	26.15	21.29	17.49	14.62
Current Liabilities
Accounts Payable	2.92	2.92	2.77	2.77	3.21	3.04	1.54	1.54	0.63	0.81	0.35
Short-Term Debt	3.61	3.31	1.13	0.86	1.21	1.07	0.80	0.84	1.00	0.71	0.72
Current Portion of Long-Term Debt	-	3.43	-	0.92	1.26	1.11	0.84	0.91	-	0.46	-
Accrued Liabilities	-	4.21	-	3.51	3.93	2.94	3.83	3.55	-	0.92	-
Deferred Revenue	0.35	0.35	0.23	0.23	0.11	10.00	0.01	0.07	0.04	0.04	0.00
Other Current Liabilities	5.34	0.93	3.67	0.10	0.13	0.04	0.04	0.07	2.19	0.82	1.22
Total Current Liabilities	12.23	12.23	7.79	7.79	8.94	17.39	6.52	6.24	3.86	2.33	2.29
Non-Current Liabilities
Long-Term Debt	7.85	7.26	4.69	4.31	3.62	3.20	2.27	2.87	2.93	2.30	2.19
Deferred Tax Liabilities	0.00	-	0.00	-	0.00	0.00	0.00	0.00	0.00	-0.31	-0.19
Other Non-Current Liabilities	0.47	21.94	0.36	22.66	22.89	0.42	0.25	0.26	0.00	-0.41	0.00
Total Non-Current Liabilities	30.26	30.26	27.72	27.72	27.72	4.04	3.25	3.62	3.23	3.02	2.38
Total Liabilities	42.49	42.49	35.51	35.51	36.66	21.42	9.77	9.86	7.09	5.35	4.67
Stockholders' Equity
Common Stock	0.13	0.13	0.10	0.10	0.08	0.06	0.05	0.05	0.04	0.04	0.03
Retained Earnings	-252.90	-252.90	-229.54	-229.54	-202.58	-167.26	-136.99	-110.17	-89.82	-73.72	-55.71
Accumulated Other Comprehensive Income	-0.30	-0.30	0.39	0.39	0.24	0.23	0.15	-0.06	0.13	0.22	-0.13
Additional Paid-in Capital	218.82	218.82	204.15	204.15	194.45	164.40	154.73	126.53	103.85	85.60	65.77
Minority Interest	-1.35	-1.35	-1.20	-1.20	-0.91	-0.55	-0.22	-0.05	0.00	0.00	0.00
Shares Outstanding	-	6.29	-	4.80	4.09	2.89	53.77	-	-	-	-
Total Stockholders' Equity	-34.25	-34.25	-24.91	-26.11	-7.80	-3.13	17.94	16.29	14.20	12.14	9.96
Total Liabilities & Equity	6.90	6.90	9.40	9.40	27.95	18.30	27.49	26.15	21.29	17.49	14.62

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

VolitionRx Balance Sheet Analysis

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